On average, listings lease in the $30's per square foot per year. The Commerce region is seeing a decrease in rates. In the last 3 months, the median rate decreased $5 per sqft per year. That's a 13% decrease in rent.
Compared to the rest of the Metropolitan Los Angeles market, the Commerce region has smaller rates, so you should have no trouble finding a great deal in this discounted submarket.
In the last 90 days, 1 listings have been listed, which means 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 available, so finding a space for a small business might be tough.
The standard measurement for office space in this area is around 2,490 sqft. Most properties in this region are around 2 stories. Most buildings in this area were built in 1967 and are Class A.
A large portion of this region is residential, but there's plenty of office_space. Wholesale trade is the dominant industry in this region. Most of the residents of Commerce work from home. Commuting between 30 and 45 minutes a day is the norm for those who opt to reside in this part of town.