Compared to the rest of the Metropolitan Los Angeles market, the Newhall submarket has greater rates, and you'll have to negotiate above asking rent to be in this hot submarket.
In the last 90 days, 5 listings have been made available, which means office spaces most likley are going fast. You'll want to be prepared to make an offer immediately. About 20% of the available space in the Newhall are subleases, so you might be able to find a shorter term or below market rent. There aren't many listings below 2,000 square feet available, so finding a space for a small business might be tough.
The standard measurement for office space in this area is around 280 sqft. Most buildings in this region are approximately 2 floors. Most buildings in this region were built in 1984 and are Class B.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Wholesale trade is the dominant industry in this market. Commute by car is the most popular way to get to work amongst Newhall residents. Commuting around an hour and a half a day is the norm for those who opt to reside in this part of town.