Most listings are in the $70's per square foot per year. The Century City region is seeing a an increase in rates. In the last 3 months, the median rate rose $79 per sqft per year.
In the last 90 days, 15 listings have been made available, which means new listings might be going fast. You'll want to be prepared to tour spaces as quick as possible. About 60% of the available leases in the Century City 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.
Even though the median size is 6,400 sqft, there are still 0 spaces below 2,000 sqft. Most properties in this area are close to 26 stories. Most buildings in this area were built in 1974 and are Class A.
This market is fairly equally mixed residential and commercial. Professional services is the dominant industry in this market. Commute by public transit is the most popular way to get to work amongst Century City residents. Commuting more than an hour and a half a day is the norm for those who opt to reside in this part of town.