Most listings are in the $40's per square foot per year. The Downtown Ventura submarket is experiencing a a rise in rates. In the last 3 months, the median rate increased $3 per sqft per year. That's a 8% rise in rent.
Compared to the rest of the Metropolitan Los Angeles market, the Downtown Ventura submarket has higher rates, and you'll need to pay a premium to be in this hot region.
In the last 90 days, 5 listings have come on the market, which means spaces most likley are going fast. You'll want to be prepared to tour spaces as quick as possible. About 40% of the office spaces in the Downtown Ventura 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 4,680 sqft, there are still 0 new availabilities below 2,000 sqft. Most buildings in this market are approximately 4 floors. Most buildings in this area were built in 1936 and are Class A.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Waste services is the dominant industry in this market. Most of the occupants of Downtown Ventura work from home. Commuting between 30 and 45 minutes a day is the norm for those who opt to reside in this part of town.