Most listings are in the $40's per square foot per year. The Downtown Ventura region is experiencing a a rise in rates. In the last 3 months, the median rate increased $3 per sqft per year. That's a 8% increase in rent.
Compared to the rest of the Metropolitan Los Angeles market, the Downtown Ventura region has greater rates, and you'll have to negotiate above asking rent to be in this hot submarket.
In the last 90 days, 5 listings have been listed, which means new listings most likley are leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About 20% of the available space in the Downtown Ventura 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 on the market, so finding a space for a small business might be tough.
Even though the median size is 4,680 sqft, there are still 0 new availabilities below 2,000 sqft. Most buildings in this region are close to 4 floors. Most buildings in this region were built in 1936 and are Class A.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Waste services is the dominant industry in this region. Most of the residents of Downtown Ventura work from home. Commuting between 30 and 45 minutes a day is the norm for those who opt to reside in this part of town.