The typical asking rate per listing is in the $20's per square foot per year. The The Promenade in Temecula submarket is going through a decline in rates. In the last 3 months, the median rate fell $8 per sqft per year. That's a 22% decline in rent.
Compared to the rest of the Metropolitan Los Angeles market, the The Promenade in Temecula region has smaller rates, so you should have no trouble finding a great deal in this undervalued submarket.
In the last 90 days, 1 listings have been posted online, which means leases most likley are leasing quickly. You'll want to be prepared to make an offer immediately. There aren't many listings below 2,000 square feet on the market, so finding a space for a small business might be tough.
The standard measurement for office space in this area is around 1,570 sqft. Most buildings in this area are approximately 2 floors. Most buildings in this region were built in 2004 and are Class A.
Public administration is the dominant industry in this region. Most of the residents of The Promenade in Temecula work from home. Commuting more than an hour and a half a day is the norm for those who opt to reside in this part of town.