Most listings are in the $40's per square foot per year. The Tropico submarket is seeing a an increase in rates. In the last 3 months, the median rate went up $48 per sqft per year.
Compared to the rest of the Metropolitan Los Angeles market, the Tropico region has more expensive rates, and you'll have to negotiate above asking rent to be in this hot submarket.
In the last 90 days, 2 listings have been listed, which means new availabilities 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 posted, so finding a space for a small business might be tough.
Even though the median size is 3,460 sqft, there are still 0 spaces below 2,000 sqft. Most properties in this region are close to 1 stories. Most buildings in this market were built in 1960 and are Class A.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Information is the dominant industry in this region. Commute by motorcycle is the most popular way to get to work amongst Tropico residents. Commuting under 5 minutes a day is the norm for those who opt to reside in this part of town.