On average, listings lease in the $10's per square foot per year. The Castaic submarket is experiencing a decline in rates. In the last 3 months, the median rate decreased $4 per sqft per year. That's a 17% decrease in rent.
Compared to the rest of the Metropolitan Los Angeles market, the Castaic submarket has lower rates, so you should have no trouble finding a great deal in this discounted region.
In the last 90 days, 2 listings have been made available, which means spaces 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.
Even though the median size is 15,000 sqft, there are still 0 leases below 2,000 sqft. Most buildings in this market were built in 2008 and are Class A.