The typical asking rate per listing is in the $30's per square foot per year. The Cypress submarket is seeing a a rise in rates. In the last 3 months, the median rate went up $13 per sqft per year. That's a 59% rise in rent.
Compared to the rest of the Metropolitan Los Angeles market, the Cypress submarket has greater rates, and you'll need to make a great offer to be in this hot region.
In the last 90 days, 6 listings have been listed, which means office spaces are probably 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 9,330 sqft, there are still 0 spaces below 2,000 sqft. Most buildings in this market are around 2 floors. Most buildings in this region were built in 1987 and are Class A.