Most listings are in the $30's per square foot per year. The Monrovia submarket is experiencing a an increase in rates. In the last 3 months, the median rate went up $4 per sqft per year. That's a 13% rise in rent.
Compared to the rest of the Metropolitan Los Angeles market, the Monrovia region has higher rates, and you'll need to pay a premium to be in this hot submarket.
In the last 90 days, 5 listings have been made available, which means leases 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 15,840 sqft, there are still 0 new availabilities below 2,000 sqft. Most properties in this area are approximately 2 floors. Most buildings in this region were built in 1982 and are Class B.