On average, listings lease in the $30's per square foot per year. The Warner Center region 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 submarket has smaller rates, so you should have no trouble finding a great deal in this undervalued submarket.
In the last 90 days, 93 listings have been listed, so you'll want to check back regularly for new listings. There aren't many listings below 2,000 square feet posted, so finding a space for a small business might be tough.
The standard measurement for office space in this area is around 2,330 sqft. Most buildings in this market are close to 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.