On average, listings lease in the $20's per square foot per year. The Cooley Ranch region is going through a a rise in rates. In the last 3 months, the median rate increased $8 per sqft per year. That's a 50% rise in rent.
Compared to the rest of the Metropolitan Los Angeles market, the Cooley Ranch region has smaller rates, so you should have no trouble finding a great deal in this undervalued submarket.
In the last 90 days, 13 listings have been posted online, which means new listings might be going fast. You'll want to be prepared to tour spaces as quick as possible. About 169% of the listings in the Cooley Ranch are subleases, so you might be able to find a shorter term or below market rent. 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 7,110 sqft, there are still 0 new listings below 2,000 sqft. Most buildings in this market are around 2 stories. Most buildings in this market were built in 1985 and are Class B.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Arts, entertainment, and restaurants are the dominant industries in this market. Commute by public transit is the most popular way to get to work amongst Cooley Ranch folk. Commuting more than an hour and a half a day is the norm for those who opt to reside in this part of town.