On average, listings lease in the $30's per square foot per year. The Warner Center region is going through a decrease in rates. In the last 3 months, the median rate decreased $2 per sqft per year. That's a 6% decline in rent.
Compared to the rest of the Metropolitan Los Angeles market, the Warner Center submarket has lower rates, so you should have no trouble finding a great deal in this undervalued region.
In the last 90 days, 591 listings have been made available, so you'll want to check back regularly for new listings. About 2% of the available space in the Warner Center are subleases, so you will probably have to focus your search on direct office leases. 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 4,930 sqft, there are still 0 new availabilities below 2,000 sqft. Most properties in this region are around 3 stories. Most buildings in this region were built in 1979 and are Class A.
A large portion of this market is residential, but there's plenty of office_space. Wholesale trade is the dominant industry in this area. Commute by car is the most popular way to get to work amongst Warner Center folk. Commuting around 15 minutes a day is the norm for those who opt to reside in this part of town.
Real time and historical data on commercial real estate listings in Warner Center.
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