The typical asking rate per listing is in the $20's per square foot per year. The West Covina Central Business District region is experiencing a decline in rates. In the last 3 months, the median rate decreased $13 per sqft per year. That's a 31% decrease in rent.
Compared to the rest of the Metropolitan Los Angeles market, the West Covina Central Business District region has less expensive rates, so you should have no trouble finding a great deal in this discounted submarket.
In the last 90 days, 12 listings have been posted online, which means new listings most likley are 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 1,310 sqft. Most buildings in this area are around 2 stories. Most buildings in this market were built in 1980 and are Class B.
Arts, entertainment, and restaurants are the dominant industries in this market. Commute by car is the most popular way to get to work amongst West Covina Central Business District residents. Commuting between 20 and 25 minutes a day is the norm for those who opt to reside in this part of town.