On average, listings lease in the $30's per square foot per year. The Calabasas region is experiencing a decline in rates. In the last 3 months, the median rate fell $3 per sqft per year. That's a 8% decline in rent.
Compared to the rest of the Metropolitan Los Angeles market, the Calabasas submarket has greater rates, and you'll need to make a great offer to be in this hot region.
In the last 90 days, 10 listings have come on the market, which means office spaces are probably going fast. You'll want to be prepared to make an offer immediately. 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 2,840 sqft, there are still 0 spaces below 2,000 sqft. Most buildings in this area are around 2 stories. Most buildings in this region were built in 1994 and are Class A.