Most listings are in the $20's per square foot per year. The Canoga Park region is seeing a decrease in rates. In the last 3 months, the median rate fell $5 per sqft per year. That's a 15% decline in rent.
Compared to the rest of the Metropolitan Los Angeles market, the Canoga Park submarket has smaller rates, so you should have no trouble finding a great deal in this discounted region.
In the last 90 days, 6 listings have come on the market, which means listings are probably leasing quickly. You'll want to be prepared to make an offer immediately. There aren't many listings below 2,000 square feet available, so finding a space for a small business might be tough.
The standard measurement for office space in this area is around 1,900 sqft. Most properties in this region are approximately 2 floors. Most buildings in this market were built in 1980 and are Class B.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Utilities is the dominant industry in this region. Commute by motorcycle is the most popular way to get to work amongst Canoga Park occupants. Commuting approximately 30 minutes a day is the norm for those who opt to reside in this part of town.