Most listings are in the $30's per square foot per year. The Vineyard region is seeing a decline in rates. In the last 3 months, the median rate decreased $9 per sqft per year. That's a 19% decrease in rent.
Compared to the rest of the Metropolitan Los Angeles market, the Vineyard submarket has greater rates, and you'll have to negotiate above asking rent to be in this hot region.
In the last 90 days, 5 listings have been posted online, which means listings might be going fast. You'll want to be prepared to tour spaces as quick as possible. There aren't many listings below 2,000 square feet posted, so finding a space for a small business might be tough.
The standard measurement for office space in this area is around 1,450 sqft. Most properties 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 residents. Commuting close to 15 minutes a day is the norm for those who opt to reside in this part of town.