The typical asking rate per listing is in the $20's per square foot per year. The The Canyon region is experiencing a an increase in rates. In the last 3 months, the median rate went up $3 per sqft per year. That's a 11% rise in rent.
Compared to the rest of the Metropolitan Los Angeles market, the The Canyon region has smaller rates, so you should have no trouble finding a great deal in this discounted region.
In the last 90 days, 8 listings have been made available, which means office spaces might be leasing quickly. 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 890 sqft. Most properties in this region are close to 2 floors. Most buildings in this market were built in 1984 and are Class A.
A large portion of this region is residential, but there's plenty of office_space. Real estate is the dominant industry in this region. Commute by walking is the most popular way to get to work amongst The Canyon occupants. Commuting close to 30 minutes a day is the norm for those who opt to reside in this part of town.