On average, listings lease in the $20's per square foot per year. The Whittier region is seeing a decrease in rates. In the last 3 months, the median rate fell $13 per sqft per year. That's a 35% decline in rent.
In the last 90 days, 14 listings have been listed, which means office spaces might be leasing quickly. You'll want to be prepared to make an offer immediately. About 57% of the available leases in the Whittier 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.
The standard measurement for office space in this area is around 1,980 sqft. Most properties in this market are close to 3 floors. Most buildings in this market were built in 1994 and are Class A.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Public administration is the dominant industry in this region. Commute by walking is the most popular way to get to work amongst Whittier folk. Commuting around an hour a day is the norm for those who opt to reside in this part of town.