On average, listings lease in the $40's per square foot per year. The Encino region is seeing a an increase in rates. In the last 3 months, the median rate increased $6 per sqft per year. That's a 17% rise in rent.
In the last 90 days, 84 listings have been listed, so you'll want to check back regularly for new listings. About 1% of the office spaces in the Encino are subleases, so you will probably need to consider the implications of signing a direct lease with the building. 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 2,140 sqft. Most properties in this market are close to 5 stories. Most buildings in this region were built in 1979 and are Class A.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Construction is the dominant industry in this region. Commute by public transit is the most popular way to get to work amongst Encino residents. Commuting between 30 and 45 minutes a day is the norm for those who opt to reside in this part of town.