The typical asking rate per listing is in the $30's per square foot per year. The Commerce submarket is going through a an increase in rates. In the last 3 months, the median rate went up $2 per sqft per year. That's a 5% increase in rent.
Compared to the rest of the Metropolitan Los Angeles market, the Commerce submarket has lower rates, so you should have no trouble finding a great deal in this undervalued submarket.
In the last 90 days, 3 listings have been listed, 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 1,780 sqft. Most buildings in this region are approximately 2 floors. Most buildings in this area were built in 1967 and are Class A.
A large portion of this area is residential, but there's plenty of office_space. Wholesale trade is the dominant industry in this market. Most of the occupants 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.