On average, listings lease in the $40's per square foot per year. The Burbank region is going through a an increase in rates. In the last 3 months, the median rate rose $2 per sqft per year. That's a 4% rise in rent.
Compared to the rest of the Metropolitan Los Angeles market, the Burbank region has higher rates, and you'll need to make a great offer to be in this hot region.
In the last 90 days, 35 listings have been posted online, which means leases most likley are leasing quickly. You'll want to be prepared to make an offer immediately. About 17% of the available leases in the Burbank are subleases, so you might be able to snag a great spot on a short term. There aren't many listings below 2,000 square feet posted, so finding a space for a small business might be tough.
Even though the median size is 2,690 sqft, there are still 0 leases below 2,000 sqft. Most buildings in this area are approximately 3 stories. Most buildings in this region were built in 1985 and are Class A.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Agriculture is the dominant industry in this area. Commute by taxi is the most popular way to get to work amongst Burbank residents. Commuting between 30 and 45 minutes a day is the norm for those who opt to reside in this part of town.