Most listings are in the $50's per square foot per year. The Century City submarket is going through a decline in rates. In the last 3 months, the median rate decreased $18 per sqft per year. That's a 24% decrease in rent.
In the last 90 days, 20 listings have been made available, which means new listings most likley are going fast. You'll want to be prepared to make an offer immediately. About 20% of the listings in the Century City are subleases, so you might be able to find a shorter term or below market rent. 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 4,700 sqft, there are still 0 leases below 2,000 sqft. Most buildings in this region are around 26 floors. Most buildings in this region were built in 1974 and are Class A.
This region is fairly equally mixed residential and commercial. Professional services is the dominant industry in this market. Commute by public transit is the most popular way to get to work amongst Century City occupants. Commuting more than an hour and a half a day is the norm for those who opt to reside in this part of town.