The typical asking rate per listing is in the $20's per square foot per year. The North Main Street District submarket is seeing a a boost in rates. In the last 3 months, the median rate increased $3 per sqft per year. That's a 13% increase in rent.
Compared to the rest of the Metropolitan Los Angeles market, the North Main Street District submarket has lower rates, so you should have no trouble finding a great deal in this discounted region.
In the last 90 days, 5 listings have been posted online, which means listings most likley are leasing quickly. You'll want to be prepared to make an offer immediately. There aren't many listings below 2,000 square feet available, so finding a space for a small business might be tough.
The standard measurement for office space in this area is around 1,900 sqft. Most buildings in this region are close to 3 stories. Most buildings in this region were built in 2001 and are Class A.
This market is fairly equally mixed residential and commercial. Agriculture is the dominant industry in this market. Commute by public transit is the most popular way to get to work amongst North Main Street District residents. Commuting more than an hour and a half a day is the norm for those who opt to reside in this part of town.