Most listings are in the $30's per square foot per year. The Encino submarket is going through a decline in rates. In the last 3 months, the median rate fell $4 per sqft per year. That's a 9% decrease in rent.
In the last 90 days, 72 listings have come on the market, so you'll want to check back regularly for new listings. About 4% of the listings in the Encino are subleases, so you will probably have to consider a longer term lease. 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 2,050 sqft. Most properties in this area are close to 5 stories. Most buildings in this area 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 folk. Commuting between 30 and 45 minutes a day is the norm for those who opt to reside in this part of town.