On average, listings lease in the $20's per square foot per year. The Downtown Thousand Oaks submarket is going through a decline in rates. In the last 3 months, the median rate decreased $4 per sqft per year. That's a 12% decline in rent.
Compared to the rest of the Metropolitan Los Angeles market, the Downtown Thousand Oaks region has less expensive rates, so you should have no trouble finding a great deal in this undervalued submarket.
In the last 90 days, 7 listings have been posted online, which means spaces most likley are going fast. You'll want to be prepared to make an offer immediately. 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 1,180 sqft. Most properties in this area are close to 2 stories. Most buildings in this region were built in 1987 and are Class C.
A large portion of this region is residential, but there's plenty of office_space. Real estate is the dominant industry in this area. Commute by walking is the most popular way to get to work amongst Downtown Thousand Oaks residents. Commuting between 30 and 45 minutes a day is the norm for those who opt to reside in this part of town.