Most listings are in the $40's per square foot per year. The Calabasas region is seeing a decrease in rates. In the last 3 months, the median rate fell $6 per sqft per year. That's a 10% decrease in rent.
Compared to the rest of the Metropolitan Los Angeles market, the Calabasas submarket has higher rates, and you'll have to negotiate above asking rent to be in this hot submarket.
In the last 90 days, 6 listings have been posted online, which means new availabilities might be going fast. You'll want to be prepared to make an offer immediately. About 67% of the listings in the Calabasas 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.
Even though the median size is 40,210 sqft, there are still 0 office spaces below 2,000 sqft. Most buildings in this market are approximately 2 floors. Most buildings in this market were built in 1990 and are Class A.