On average, listings lease in the $30's per square foot per year. The Monrovia submarket is seeing a an increase in rates. In the last 3 months, the median rate went up $34 per sqft per year.
Compared to the rest of the Metropolitan Los Angeles market, the Monrovia region has less expensive rates, so you should have no trouble finding a great deal in this discounted submarket.
In the last 90 days, 5 listings have been posted online, which means office spaces might be going fast. You'll want to be prepared to make an offer immediately. About 120% of the available leases in the Monrovia are subleases, so you might be able to sign a shorter term by taking over a previous lease. 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 3,600 sqft, there are still 0 new listings below 2,000 sqft. Most properties in this market are around 2 stories. Most buildings in this region were built in 1982 and are Class B.