On average, listings lease in the $40's per square foot per year. The Canyon Country submarket is seeing a an increase in rates. In the last 3 months, the median rate went up $10 per sqft per year. That's a 31% rise in rent.
Compared to the rest of the Metropolitan Los Angeles market, the Canyon Country region has more expensive rates, and you'll need to pay a premium to be in this hot region.
In the last 90 days, 6 listings have come on the market, which means new availabilities most likley are going fast. You'll want to be prepared to make an offer immediately. There aren't many listings below 2,000 square feet posted, so finding a space for a small business might be tough.
Even though the median size is 3,220 sqft, there are still 0 office spaces below 2,000 sqft. Most properties in this market are approximately 3 stories. Most buildings in this region were built in 2004 and are Class B.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Real estate is the dominant industry in this area. Commute by bike is the most popular way to get to work amongst Canyon Country residents. Commuting between 30 and 45 minutes a day is the norm for those who opt to reside in this part of town.