Most listings are in the $60's per square foot per year. The Eastern Malibu region is experiencing a decrease in rates. In the last 3 months, the median rate decreased $12 per sqft per year. That's a 15% decline in rent.
Compared to the rest of the Metropolitan Los Angeles market, the Eastern Malibu submarket has greater rates, and you'll need to pay a premium to be in this hot submarket.
In the last 90 days, 19 listings have been posted online, which means new availabilities most likley are 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 970 sqft. Most properties in this area are close to 2 stories. Most buildings in this area were built in 1980 and are Class B.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Education is the dominant industry in this area. Commute by car is the most popular way to get to work amongst Eastern Malibu folk. Commuting around 10 minutes a day is the norm for those who opt to reside in this part of town.