On average, listings lease in the $30's per square foot per year. The Covina submarket is going through a a boost in rates. In the last 3 months, the median rate rose $11 per sqft per year. That's a 41% increase in rent.
Compared to the rest of the Metropolitan Los Angeles market, the Covina region has higher rates, and you'll need to pay a premium to be in this hot submarket.
In the last 90 days, 6 listings have been listed, which means office spaces 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.
Even though the median size is 3,080 sqft, there are still 0 leases below 2,000 sqft. Most buildings in this market are approximately 2 stories. Most buildings in this market were built in 1981 and are Class B.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Waste services is the dominant industry in this area. Commute by public transit is the most popular way to get to work amongst Covina 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.