The typical asking rate per listing is in the $40's per square foot per year. The Burbank submarket is experiencing a a rise in rates. In the last 3 months, the median rate increased $2 per sqft per year. That's a 4% increase in rent.
Compared to the rest of the Metropolitan Los Angeles market, the Burbank region has greater rates, and you'll need to pay a premium to be in this hot submarket.
In the last 90 days, 35 listings have been posted online, which means office spaces most likley are leasing quickly. You'll want to be prepared to make an offer immediately. About 17% of the available space in the Burbank are subleases, so you might be able to sign a shorter term by taking over a previous lease. 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 2,690 sqft, there are still 0 listings below 2,000 sqft. Most properties in this area are close to 3 stories. Most buildings in this area were built in 1985 and are Class A.