On average, listings lease in the $20's per square foot per year. The Savi Ranch East region is seeing a decline in rates. In the last 3 months, the median rate decreased $2 per sqft per year. That's a 7% decline in rent.
Compared to the rest of the Metropolitan Los Angeles market, the Savi Ranch East submarket has less expensive rates, so you should have no trouble finding a great deal in this undervalued submarket.
In the last 90 days, 0 listings have come on the market, which means new availabilities might be leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About Inf% of the available space in the Savi Ranch East are subleases, so you might be able to sign a shorter term by taking over a previous lease. 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 2,470 sqft. Most properties in this market are close to 2 stories. Most buildings in this area were built in 1987 and are Class B.
This area is fairly equally mixed residential and commercial. Education is the dominant industry in this area. Most of the folk of Savi Ranch East work from home. Commuting approximately an hour and a half a day is the norm for those who opt to reside in this part of town.