On average, listings lease in the $0's per square foot per year. The Southland Hills region is going through a decline in rates. In the last 3 months, the median rate fell $22 per sqft per year. That's a 100% decrease in rent.
In the last 90 days, 1 listings have been made available, which means new listings are probably going fast. You'll want to be prepared to make an offer immediately. 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 sqft. Most properties in this region are approximately 5 stories. Most buildings in this market were built in 1971 and are Class B.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Wholesale trade is the dominant industry in this area. Most of the occupants of Southland Hills work from home. Commuting approximately 15 minutes a day is the norm for those who opt to reside in this part of town.