On average, listings lease in the $30's per square foot per year. The Warner Center region is experiencing a a rise in rates. In the last 3 months, the median rate increased $2 per sqft per year. That's a 7% increase in rent.
Compared to the rest of the Metropolitan Los Angeles market, the Warner Center submarket has higher rates, and you'll need to make a great offer to be in this hot submarket.
In the last 90 days, 94 listings have been made available, so you'll want to check back regularly for new listings. About 2% of the listings in the Warner Center are subleases, so you will probably need to sign a longer term lease with the landlord directly. There aren't many listings below 2,000 square feet available, so finding a space for a small business might be tough.
Even though the median size is 2,520 sqft, there are still 0 office spaces below 2,000 sqft. Most buildings in this area are close to 3 stories. Most buildings in this market were built in 1979 and are Class A.
A large portion of this market is residential, but there's plenty of office_space. Wholesale trade is the dominant industry in this area. Commute by car is the most popular way to get to work amongst Warner Center residents. Commuting close to 15 minutes a day is the norm for those who opt to reside in this part of town.