On average, listings lease in the $30's per square foot per year. The Thousand Oaks submarket is seeing a an increase in rates. In the last 3 months, the median rate rose $2 per sqft per year. That's a 8% rise in rent.
Compared to the rest of the Metropolitan Los Angeles market, the Thousand Oaks region has less expensive rates, so you should have no trouble finding a great deal in this discounted region.
In the last 90 days, 37 listings have come on the market, which means new availabilities are probably leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About 11% of the office spaces in the Thousand Oaks 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 2,150 sqft. Most properties in this market are around 2 floors. Most buildings in this area were built in 1986 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 walking is the most popular way to get to work amongst Thousand Oaks residents. Commuting between 30 and 45 minutes a day is the norm for those who opt to reside in this part of town.