The typical asking rate per listing is in the $80's per square foot per year. The Century City submarket is experiencing a an increase in rates. In the last 3 months, the median rate increased $16 per sqft per year. That's a 22% increase in rent.
In the last 90 days, 36 listings have been made available, which means new availabilities are probably going fast. You'll want to be prepared to make an offer immediately. About 14% of the available space in the Century City are subleases, so you might be able to snag a great spot on a short term. 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 5,380 sqft, there are still 0 listings below 2,000 sqft. Most buildings in this area are approximately 26 floors. Most buildings in this region were built in 1972 and are Class A.
This area is fairly equally mixed residential and commercial. Professional services is the dominant industry in this area. Commute by public transit is the most popular way to get to work amongst Century City folk. Commuting more than an hour and a half a day is the norm for those who opt to reside in this part of town.