On average, listings lease in the $0's per square foot per year. The Westlake submarket is experiencing a decrease in rates. In the last 3 months, the median rate decreased $22 per sqft per year. That's a 100% decrease in rent.
In the last 90 days, 2 listings have been made available, which means new listings most likley are going fast. You'll want to be prepared to tour spaces as quick as possible. 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 16,510 sqft, there are still 0 spaces below 2,000 sqft. Most buildings in this area are around 5 floors. Most buildings in this region were built in 1988 and are Class A.