On average, listings lease in the $30's per square foot per year. The Burbank submarket is going through a decrease in rates. In the last 3 months, the median rate decreased $13 per sqft per year. That's a 26% decrease in rent.
Compared to the rest of the Metropolitan Los Angeles market, the Burbank submarket has more expensive rates, and you'll need to make a great offer to be in this hot region.
In the last 90 days, 68 listings have been made available, so you'll want to check back regularly for new listings. About 6% of the office spaces in the Burbank are subleases, so you will probably have to consider a longer term lease. There aren't many listings below 2,000 square feet on the market, so finding a space for a small business might be tough.
Even though the median size is 10,280 sqft, there are still 0 office spaces below 2,000 sqft. Most properties in this region are approximately 3 floors. Most buildings in this region were built in 1985 and are Class A.