Most listings are in the $30's per square foot per year. The Tarzana submarket is experiencing a decrease in rates. In the last 3 months, the median rate fell $2 per sqft per year. That's a 5% decrease in rent.
Compared to the rest of the Metropolitan Los Angeles market, the Tarzana region has less expensive rates, so you should have no trouble finding a great deal in this depreciated region.
In the last 90 days, 162 listings have been listed, so you'll want to check back regularly for new listings. About 1% of the available space in the Tarzana are subleases, so you will probably have to consider a longer term lease. 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 1,400 sqft. Most buildings in this region are approximately 2 stories. Most buildings in this area were built in 1982 and are Class A.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Manufacturing is the dominant industry in this market. Commute by public transit is the most popular way to get to work amongst Tarzana occupants. Commuting close to 10 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 Tarzana.
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