Westlake Village Retail

Westlake Village

Office Space Market Report

Number of Listings (last 90 days)
18
Median Rate ($/sqft/yr)
$37
Median Size (sqft)
5,590
As of: August 21, 2017

Westlake Village Rates

Most listings are in the $30's per square foot per year. The Westlake Village submarket is going through a a boost in rates. In the last 3 months, the median rate went up $10 per sqft per year. That's a 34% increase in rent.

Compared to the rest of the Metropolitan Los Angeles market, the Westlake Village region has greater rates, and you'll need to make a great offer to be in this hot region.

Westlake Village Listing Supply

In the last 90 days, 18 listings have been posted online, which means leases might be going fast. You'll want to be prepared to make an offer immediately. About 106% of the available leases in the Westlake Village are subleases, so you might be able to find a shorter term or below market rent. There aren't many listings below 2,000 square feet posted, so finding a space for a small business might be tough.

Even though the median size is 5,590 sqft, there are still 0 new availabilities below 2,000 sqft. Most buildings in this area are close to 2 stories. Most buildings in this region were built in 1989 and are Class A.

Westlake Village Community

Market Report

Trends and status of the commercial real estate market in Westlake Village.
Market Report

Market Data

Real time and historical data on commercial real estate listings in Westlake Village.
Research