Most listings are in the $30's per square foot per year. The North Main Street District submarket is going through a a rise in rates. In the last 3 months, the median rate went up $3 per sqft per year. That's a 12% rise in rent.
Compared to the rest of the Metropolitan Los Angeles market, the North Main Street District submarket has smaller 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 are probably going fast. 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.
Even though the median size is 5,020 sqft, there are still 0 new listings below 2,000 sqft. Most buildings in this region are around 3 floors. Most buildings in this market were built in 2001 and are Class A.
This region 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.