Westlake Village Commercial Real Estate

Westlake Village

Market Report

Number of Listings
Posted in the last 90 days
6
Median Rate ($/sqft/yr)
$17
Median Size (sqft)
15,800

Westlake Village Rates

The typical asking rate per listing is in the $10's per square foot per year. The Westlake Village region is going through a decrease in rates. In the last 3 months, the median rate fell $20 per sqft per year. That's a 53% decrease in rent.

Compared to the rest of the Metropolitan Los Angeles market, the Westlake Village region has less expensive rates, so you should have no trouble finding a great deal in this depreciated submarket.

Westlake Village Listing Supply

In the last 90 days, 105 listings have been listed, so you'll want to check back regularly for new listings. About 6% of the available leases in the Westlake Village are subleases, so you will probably need to consider the implications of signing a direct lease with the building. 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 15,800 sqft, there are still 0 spaces below 2,000 sqft. Most buildings in this market are approximately 2 floors. Most buildings in this region were built in 1988 and are Class A.

Westlake Village Community

Market Data

Real time and historical data on commercial real estate listings in Westlake Village.
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