Most listings are in the $40's per square foot per year. The Encino submarket is experiencing a an increase in rates. In the last 3 months, the median rate went up $44 per sqft per year.
In the last 90 days, 36 listings have been made available, which means spaces might be leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About 44% of the listings in the Encino 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.
The standard measurement for office space in this area is around 1,020 sqft. Most buildings in this area are approximately 5 stories. Most buildings in this area were built in 1977 and are Class A.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Construction is the dominant industry in this region. Commute by public transit is the most popular way to get to work amongst Encino folk. Commuting between 30 and 45 minutes a day is the norm for those who opt to reside in this part of town.