On average, listings lease in the $0's per square foot per year. The Del Amo Fashion Center submarket is experiencing a decline in rates. In the last 3 months, the median rate decreased $51 per sqft per year. That's a 100% decline in rent.
In the last 90 days, 22 listings have been made available, which means leases might be going fast. You'll want to be prepared to tour spaces as quick as possible. There aren't many listings below 2,000 square feet posted, so finding a space for a small business might be tough.
The standard measurement for office space in this area is around sqft. Most properties in this region are around 5 floors. Most buildings in this region were built in 1981 and are Class B.
This market is fairly equally mixed residential and commercial. Construction is the dominant industry in this market. Most of the residents of Del Amo Fashion Center work from home. Commuting around an hour and a half a day is the norm for those who opt to reside in this part of town.