The typical asking rate per listing is in the $40's per square foot per year. The West Covina Central Business District region is seeing a a boost in rates. In the last 3 months, the median rate rose $16 per sqft per year. That's a 61% increase in rent.
Compared to the rest of the Metropolitan Los Angeles market, the West Covina Central Business District region has higher rates, and you'll need to make a great offer to be in this hot region.
In the last 90 days, 9 listings have been posted online, which means new availabilities might be going fast. 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 2,140 sqft. Most properties in this area are approximately 2 stories. Most buildings in this region were built in 1980 and are Class B.
Arts, entertainment, and restaurants are the dominant industries in this region. Commute by car is the most popular way to get to work amongst West Covina Central Business District folk. Commuting between 20 and 25 minutes a day is the norm for those who opt to reside in this part of town.