On average, listings lease in the $30's per square foot per year. The Arcadia region is going through a a boost in rates. In the last 3 months, the median rate went up $6 per sqft per year. That's a 19% increase in rent.
Compared to the rest of the Metropolitan Los Angeles market, the Arcadia submarket has greater rates, and you'll need to pay a premium to be in this hot submarket.
In the last 90 days, 8 listings have been posted online, which means listings might be going fast. You'll want to be prepared to make an offer immediately. 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 1,220 sqft. Most buildings in this region are close to 2 floors. Most buildings in this area were built in 1984 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 market. Commute by public transit is the most popular way to get to work amongst Arcadia residents. Commuting between 30 and 45 minutes a day is the norm for those who opt to reside in this part of town.