On average, listings lease in the $160's per square foot per year. The Loma Del Rey submarket is seeing a an increase in rates. In the last 3 months, the median rate rose $143 per sqft per year. That's a 697% increase in rent.
In the last 90 days, 5 listings have been posted online, which means office spaces are probably leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About 20% of the listings in the Loma Del Rey are subleases, so you might be able to find a shorter term or below market rent. 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 1,440 sqft. Most buildings in this market are approximately 1 floors. Most buildings in this market were built in 0 and are Class Class B.
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 area. Commute by motorcycle is the most popular way to get to work amongst Loma Del Rey occupants. Commuting between 30 and 45 minutes a day is the norm for those who opt to reside in this part of town.