On average, listings lease in the $30's per square foot per year. The Stevenson Ranch submarket is seeing a decline in rates. In the last 3 months, the median rate decreased $6 per sqft per year. That's a 15% decline in rent.
Compared to the rest of the Metropolitan Los Angeles market, the Stevenson Ranch submarket has lower rates, so you should have no trouble finding a great deal in this depreciated region.
In the last 90 days, 3 listings have been listed, which means office spaces are probably leasing quickly. You'll want to be prepared to tour spaces as quick as possible. There aren't many listings below 2,000 square feet available, so finding a space for a small business might be tough.
The standard measurement for office space in this area is around 1,050 sqft. Most buildings in this region are approximately 3 floors. Most buildings in this area were built in 2003 and are Class A.