Most listings are in the $30's per square foot per year. The Westlake Village region is experiencing a a rise in rates. In the last 3 months, the median rate went up $10 per sqft per year. That's a 34% increase in rent.
Compared to the rest of the Metropolitan Los Angeles market, the Westlake Village submarket has higher rates, and you'll need to pay a premium to be in this hot submarket.
In the last 90 days, 18 listings have been posted online, which means new listings might be going fast. You'll want to be prepared to tour spaces as quick as possible. About 106% of the office spaces in the Westlake Village 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 5,590 sqft, there are still 0 new availabilities below 2,000 sqft. Most buildings in this region are approximately 2 floors. Most buildings in this market were built in 1989 and are Class A.