On average, listings lease in the $20's per square foot per year. The Palm Vista submarket is seeing a a rise in rates. In the last 3 months, the median rate increased $20 per sqft per year.
Compared to the rest of the Metropolitan Los Angeles market, the Palm Vista region has lower rates, so you should have no trouble finding a great deal in this undervalued submarket.
In the last 90 days, 0 listings have been listed, which means spaces most likley are leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About Inf% of the office spaces in the Palm Vista 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 available, so finding a space for a small business might be tough.
Even though the median size is 4,730 sqft, there are still 0 leases below 2,000 sqft. Most properties in this market are around 2 stories. Most buildings in this region were built in 1990 and are Class B.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Health care is the dominant industry in this region. Commute by car is the most popular way to get to work amongst Palm Vista residents. Commuting close to 20 minutes a day is the norm for those who opt to reside in this part of town.