The typical asking rate per listing is in the $40's per square foot per year. The Vineyard submarket is going through a decline in rates. In the last 3 months, the median rate decreased $6 per sqft per year. That's a 12% decline in rent.
Compared to the rest of the Metropolitan Los Angeles market, the Vineyard region has higher rates, and you'll need to pay a premium to be in this hot region.
In the last 90 days, 4 listings have been made available, which means new availabilities 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 available, so finding a space for a small business might be tough.
Even though the median size is 7,820 sqft, there are still 0 spaces below 2,000 sqft. Most buildings in this area are close to 6 floors. Most buildings in this market were built in 1985 and are Class A.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Wholesale trade is the dominant industry in this area. Commute by car is the most popular way to get to work amongst Vineyard occupants. Commuting approximately 15 minutes a day is the norm for those who opt to reside in this part of town.