On average, listings lease in the $20's per square foot per year. The Downtown Thousand Oaks region is seeing a decrease in rates. In the last 3 months, the median rate decreased $6 per sqft per year. That's a 21% decline in rent.
Compared to the rest of the Metropolitan Los Angeles market, the Downtown Thousand Oaks submarket has lower rates, so you should have no trouble finding a great deal in this depreciated submarket.
In the last 90 days, 12 listings have been made available, which means new listings are probably going fast. You'll want to be prepared to make an offer immediately. About 25% of the available leases in the Downtown Thousand Oaks 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 on the market, so finding a space for a small business might be tough.
The standard measurement for office space in this area is around 2,380 sqft. Most buildings in this market are approximately 2 stories. Most buildings in this market were built in 1989 and are Class B.
A large portion of this region is residential, but there's plenty of office_space. Real estate is the dominant industry in this area. Commute by walking is the most popular way to get to work amongst Downtown Thousand Oaks folk. Commuting between 30 and 45 minutes a day is the norm for those who opt to reside in this part of town.