The typical asking rate per listing is in the $10's per square foot per year. The Cooley Ranch submarket is seeing a decrease in rates. In the last 3 months, the median rate fell $3 per sqft per year. That's a 18% decrease in rent.
Compared to the rest of the Metropolitan Los Angeles market, the Cooley Ranch submarket has lower rates, so you should have no trouble finding a great deal in this discounted submarket.
In the last 90 days, 18 listings have been made available, which means leases are probably going fast. You'll want to be prepared to tour spaces as quick as possible. About 11% of the available leases in the Cooley Ranch 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 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 2,100 sqft. Most buildings in this market are approximately 2 stories. Most buildings in this region were built in 1985 and are Class B.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Arts, entertainment, and restaurants are the dominant industries in this market. Commute by public transit is the most popular way to get to work amongst Cooley Ranch occupants. Commuting more than an hour and a half a day is the norm for those who opt to reside in this part of town.