On average, listings lease in the $30's per square foot per year. The Warner Center submarket is seeing a an increase in rates. In the last 3 months, the median rate went up $2 per sqft per year. That's a 7% rise in rent.
Compared to the rest of the Metropolitan Los Angeles market, the Warner Center region has lower rates, so you should have no trouble finding a great deal in this depreciated submarket.
In the last 90 days, 22 listings have been made available, which means listings might be going fast. You'll want to be prepared to make an offer immediately. About 41% of the available leases in the Warner Center are subleases, so you might be able to snag a great spot on a short term. 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 4,930 sqft, there are still 0 leases below 2,000 sqft. Most properties in this market are around 3 stories. Most buildings in this market were built in 1979 and are Class A.
A large portion of this area is residential, but there's plenty of office_space. Wholesale trade is the dominant industry in this region. Commute by car is the most popular way to get to work amongst Warner Center occupants. Commuting around 15 minutes a day is the norm for those who opt to reside in this part of town.