The typical asking rate per listing is in the $30's per square foot per year. The Warner Center submarket is seeing a decline in rates. In the last 3 months, the median rate fell $2 per sqft per year. That's a 7% decrease in rent.
Compared to the rest of the Metropolitan Los Angeles market, the Warner Center submarket has more expensive rates, and you'll have to negotiate above asking rent to be in this hot submarket.
In the last 90 days, 88 listings have come on the market, so you'll want to check back regularly for new listings. About 1% of the available space in the Warner Center are subleases, so you will probably need to sign a longer term lease with the landlord directly. 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 2,370 sqft. Most buildings in this area are close to 6 floors. Most buildings in this region were built in 1979 and are Class A.
A large portion of this region is residential, but there's plenty of office_space. Wholesale trade is the dominant industry in this market. Commute by car is the most popular way to get to work amongst Warner Center occupants. Commuting approximately 15 minutes a day is the norm for those who opt to reside in this part of town.