The typical asking rate per listing is in the $10's per square foot per year. The Moreno Valley submarket is seeing a decrease in rates. In the last 3 months, the median rate decreased $1 per sqft per year. That's a 5% decrease in rent.
Compared to the rest of the Metropolitan Los Angeles market, the Moreno Valley region has less expensive rates, so you should have no trouble finding a great deal in this depreciated submarket.
In the last 90 days, 4 listings have been posted online, which means spaces might be going fast. 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.
The standard measurement for office space in this area is around 1,660 sqft. Most properties in this area are close to 2 floors. Most buildings in this area were built in 1989 and are Class B.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Manufacturing is the dominant industry in this region. Commute by walking is the most popular way to get to work amongst Moreno Valley folk. Commuting approximately 15 minutes a day is the norm for those who opt to reside in this part of town.