Most listings are in the $30's per square foot per year. The Valencia region is seeing a a boost in rates. In the last 3 months, the median rate increased $1 per sqft per year. That's a 2% rise in rent.
Compared to the rest of the Metropolitan Los Angeles market, the Valencia submarket has more expensive rates, and you'll need to make a great offer to be in this hot region.
In the last 90 days, 52 listings have been listed, so you'll want to check back regularly for new listings. About 12% of the office spaces in the Valencia are subleases, so you might be able to snag a great spot on a short term. 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 1,460 sqft. Most properties in this market are approximately 2 stories. Most buildings in this market were built in 2001 and are Class A.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Finance and insurance are the dominant industries in this area. Commute by walking is the most popular way to get to work amongst Valencia folk. Commuting between 30 and 45 minutes a day is the norm for those who opt to reside in this part of town.