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