Most listings are in the $10's per square foot per year. The The Canyon region is seeing a decrease in rates. In the last 3 months, the median rate decreased $2 per sqft per year. That's a 9% decline in rent.
Compared to the rest of the Metropolitan Los Angeles market, the The Canyon submarket has lower rates, so you should have no trouble finding a great deal in this undervalued submarket.
In the last 90 days, 11 listings have been listed, which means listings most likley are going fast. You'll want to be prepared to make an offer immediately. About 82% of the available space in the The Canyon 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 available, so finding a space for a small business might be tough.
The standard measurement for office space in this area is around 1,100 sqft. Most buildings in this area are approximately 2 stories. Most buildings in this region were built in 1985 and are Class B.
A large portion of this market is residential, but there's plenty of office_space. Real estate is the dominant industry in this market. Commute by walking is the most popular way to get to work amongst The Canyon folk. Commuting approximately 30 minutes a day is the norm for those who opt to reside in this part of town.