On average, listings lease in the $30's per square foot per year. The Warner Center submarket is going through a a rise in rates. In the last 3 months, the median rate increased $36 per sqft per year.
Compared to the rest of the Metropolitan Los Angeles market, the Warner Center submarket has lower rates, so you should have no trouble finding a great deal in this undervalued region.
In the last 90 days, 22 listings have come on the market, which means new availabilities most likley are leasing quickly. You'll want to be prepared to make an offer immediately. About 45% of the available leases in the Warner Center are subleases, so you might be able to sign a shorter term by taking over a previous lease. There aren't many listings below 2,000 square feet on the market, so finding a space for a small business might be tough.
The standard measurement for office space in this area is around 2,310 sqft. Most properties in this region are approximately 3 stories. Most buildings in this market were built in 1979 and are Class A.
A large portion of this market 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 residents. Commuting around 15 minutes a day is the norm for those who opt to reside in this part of town.