On average, listings lease in the $30's per square foot per year. The Warner Center submarket is going through a decline in rates. In the last 3 months, the median rate decreased $2 per sqft per year. That's a 7% decline in rent.
Compared to the rest of the Metropolitan Los Angeles market, the Warner Center region has less expensive rates, so you should have no trouble finding a great deal in this depreciated region.
In the last 90 days, 22 listings have been made available, which means new availabilities most likley are leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About 32% of the available space in the Warner Center 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 posted, so finding a space for a small business might be tough.
Even though the median size is 4,930 sqft, there are still 0 office spaces below 2,000 sqft. Most buildings in this region are approximately 3 floors. Most buildings in this market were built in 1979 and are Class A.
A large portion of this market is residential, but there's plenty of office_space. Wholesale trade is the dominant industry in this region. Commute by car is the most popular way to get to work amongst Warner Center folk. Commuting approximately 15 minutes a day is the norm for those who opt to reside in this part of town.