Most listings are in the $30's per square foot per year. The North Main Street District region is experiencing a an increase in rates. In the last 3 months, the median rate rose $33 per sqft per year.
Compared to the rest of the Metropolitan Los Angeles market, the North Main Street District region has lower rates, so you should have no trouble finding a great deal in this undervalued submarket.
In the last 90 days, 5 listings have been made available, which means spaces are probably leasing quickly. You'll want to be prepared to make an offer immediately. About 200% of the available leases in the North Main Street District 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.
Even though the median size is 3,660 sqft, there are still 0 office spaces below 2,000 sqft. Most buildings in this market are around 3 stories. 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 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.