On average, listings lease in the $30's per square foot per year. The Tarzana region is experiencing a an increase in rates. In the last 3 months, the median rate went up $1 per sqft per year. That's a 3% rise in rent.
Compared to the rest of the Metropolitan Los Angeles market, the Tarzana region has less expensive rates, so you should have no trouble finding a great deal in this undervalued submarket.
In the last 90 days, 15 listings have been listed, which means office spaces might be going fast. You'll want to be prepared to make an offer immediately. About 33% of the listings in the Tarzana 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 on the market, so finding a space for a small business might be tough.
The standard measurement for office space in this area is around 1,420 sqft. Most buildings in this area are approximately 2 floors. Most buildings in this market were built in 1982 and are Class A.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Manufacturing is the dominant industry in this region. Commute by public transit is the most popular way to get to work amongst Tarzana residents. Commuting close to 10 minutes a day is the norm for those who opt to reside in this part of town.