The typical asking rate per listing is in the $20's per square foot per year. The Panorama City region is experiencing a a boost in rates. In the last 3 months, the median rate rose $24 per sqft per year.
In the last 90 days, 2 listings have been listed, which means new listings most likley are leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About 150% of the available leases in the Panorama 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 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 1,000 sqft. Most properties in this region are close to 3 stories. Most buildings in this region were built in 1959 and are Class B.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Professional services is the dominant industry in this region. Commute by walking is the most popular way to get to work amongst Panorama City folk. Commuting between 30 and 45 minutes a day is the norm for those who opt to reside in this part of town.