The typical asking rate per listing is in the $30's per square foot per year. The Valencia region is experiencing a an increase in rates. In the last 3 months, the median rate went up $4 per sqft per year. That's a 14% rise in rent.
Compared to the rest of the Metropolitan Los Angeles market, the Valencia submarket has less expensive rates, so you should have no trouble finding a great deal in this depreciated submarket.
In the last 90 days, 42 listings have been listed, so you'll want to check back regularly for new listings. About 140% of the listings in the Valencia are subleases, so you might be able to sign a shorter term by taking over a previous lease. 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 1,810 sqft. Most properties in this area are close to 2 floors. Most buildings in this market were built in 1999 and are Class A.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Finance and insurance are the dominant industries in this market. Commute by walking is the most popular way to get to work amongst Valencia folk. Commuting between 30 and 45 minutes a day is the norm for those who opt to reside in this part of town.