Most listings are in the $30's per square foot per year. The Calabasas submarket is experiencing a decline in rates. In the last 3 months, the median rate decreased $6 per sqft per year. That's a 16% decline in rent.
Compared to the rest of the Metropolitan Los Angeles market, the Calabasas region has lower rates, so you should have no trouble finding a great deal in this depreciated region.
In the last 90 days, 7 listings have been made available, which means new listings are probably leasing quickly. You'll want to be prepared to tour spaces as quick as possible. 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 3,350 sqft, there are still 0 leases below 2,000 sqft. Most buildings in this area are close to 2 floors. Most buildings in this area were built in 1990 and are Class A.