On average, listings lease in the $10's per square foot per year. The Cooley Ranch region is experiencing a decrease in rates. In the last 3 months, the median rate decreased $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 smaller rates, so you should have no trouble finding a great deal in this depreciated region.
In the last 90 days, 31 listings have been listed, which means listings might be going fast. You'll want to be prepared to tour spaces as quick as possible. 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 830 sqft. Most properties in this area are around 2 stories. Most buildings in this market were built in 1987 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 folk. Commuting more than an hour and a half a day is the norm for those who opt to reside in this part of town.