The typical asking rate per listing is in the $30's per square foot per year. The Woodland Hills-Warner Center region is experiencing a decline in rates. In the last 3 months, the median rate fell $1 per sqft per year. That's a 2% decline in rent.
Compared to the rest of the Metropolitan Los Angeles market, the Woodland Hills-Warner Center submarket has higher rates, and you'll need to pay a premium to be in this hot submarket.
In the last 90 days, 112 listings have come on the market, so you'll want to check back regularly for new listings. About 1% of the office spaces in the Woodland Hills-Warner Center are subleases, so you will probably need to sign a longer term lease with the landlord directly. 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 2,310 sqft. Most buildings in this market are close to 3 floors. Most buildings in this market were built in 1980 and are Class A.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Agriculture is the dominant industry in this market. Commute by walking is the most popular way to get to work amongst Woodland Hills-Warner Center residents. Commuting between 30 and 45 minutes a day is the norm for those who opt to reside in this part of town.