The typical asking rate per listing is in the $20's per square foot per year. The Northridge submarket is going through a decline in rates. In the last 3 months, the median rate decreased $5 per sqft per year. That's a 15% decline in rent.
In the last 90 days, 4 listings have been listed, which means listings are probably leasing quickly. You'll want to be prepared to tour spaces as quick as possible. 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 720 sqft. Most buildings in this market are approximately 2 stories. Most buildings in this area were built in 1981 and are Class B.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Real estate is the dominant industry in this area. Commute by motorcycle is the most popular way to get to work amongst Northridge residents. Commuting more than an hour and a half a day is the norm for those who opt to reside in this part of town.