On average, listings lease in the $30's per square foot per year. The Lionsgate submarket is going through a decline in rates. In the last 3 months, the median rate decreased $3 per sqft per year. That's a 8% decrease in rent.
In the last 90 days, 2 listings have been posted online, which means spaces 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 available, so finding a space for a small business might be tough.
Even though the median size is 9,160 sqft, there are still 0 listings below 2,000 sqft. Most properties in this region are close to 2 floors. Most buildings in this area were built in 2005 and are Class B.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Real estate is the dominant industry in this region. Most of the occupants of Lionsgate work from home. Commuting around 30 minutes a day is the norm for those who opt to reside in this part of town.