On average, listings lease in the $10's per square foot per year. The Vernon submarket is experiencing a an increase in rates. In the last 3 months, the median rate increased $17 per sqft per year.
Compared to the rest of the Metropolitan Los Angeles market, the Vernon submarket has smaller rates, so you should have no trouble finding a great deal in this undervalued submarket.
In the last 90 days, 7 listings have been posted online, which means listings most likley are leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About 14% of the available leases in the Vernon are subleases, so you might be able to snag a great spot on a short term. There aren't many listings below 2,000 square feet on the market, so finding a space for a small business might be tough.
Even though the median size is 8,930 sqft, there are still 0 spaces below 2,000 sqft. Most properties in this market are close to 1 stories. Most buildings in this area were built in 1957 and are Class B.
Health care is the dominant industry in this area. Commute by car is the most popular way to get to work amongst Vernon residents. Commuting between 30 and 45 minutes a day is the norm for those who opt to reside in this part of town.