On average, listings lease in the $30's per square foot per year. The Diamond Bar submarket is seeing a decrease in rates. In the last 3 months, the median rate fell $6 per sqft per year. That's a 14% decline in rent.
Compared to the rest of the Metropolitan Los Angeles market, the Diamond Bar submarket has less expensive rates, so you should have no trouble finding a great deal in this undervalued region.
In the last 90 days, 19 listings have been listed, which means new listings are probably leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About 58% of the available space in the Diamond Bar are subleases, so you might be able to sign a shorter term by taking over a previous lease. There aren't many listings below 2,000 square feet available, so finding a space for a small business might be tough.
Even though the median size is 2,630 sqft, there are still 0 listings below 2,000 sqft. Most properties in this region are approximately 2 floors. Most buildings in this area were built in 1988 and are Class B.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Information is the dominant industry in this region. Commute by public transit is the most popular way to get to work amongst Diamond Bar occupants. Commuting around 10 minutes a day is the norm for those who opt to reside in this part of town.