Most listings are in the $10's per square foot per year. The Menifee region is going through a decrease in rates. In the last 3 months, the median rate decreased $16 per sqft per year. That's a 50% decrease in rent.
Compared to the rest of the Metropolitan Los Angeles market, the Menifee submarket has lower rates, so you should have no trouble finding a great deal in this undervalued region.
In the last 90 days, 5 listings have come on the market, which means listings might be leasing quickly. You'll want to be prepared to make an offer immediately. There aren't many listings below 2,000 square feet posted, so finding a space for a small business might be tough.
Even though the median size is 10,320 sqft, there are still 0 new listings below 2,000 sqft. Most buildings in this area were built in 2009 and are Class B.