On average, listings lease in the $30's per square foot per year. The Commerce submarket is going through a a boost in rates. In the last 3 months, the median rate went up $2 per sqft per year. That's a 5% increase in rent.
Compared to the rest of the Metropolitan Los Angeles market, the Commerce submarket has smaller rates, so you should have no trouble finding a great deal in this undervalued region.
In the last 90 days, 3 listings have come on the market, which means spaces might be leasing quickly. 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 1,780 sqft. Most buildings in this region are approximately 2 floors. Most buildings in this market were built in 1967 and are Class A.
A large portion of this market is residential, but there's plenty of office_space. Wholesale trade is the dominant industry in this area. Most of the occupants of Commerce work from home. Commuting between 30 and 45 minutes a day is the norm for those who opt to reside in this part of town.