On average, listings lease in the $30's per square foot per year. The Warner Center region is going through a decline in rates. In the last 3 months, the median rate decreased $2 per sqft per year. That's a 7% decrease in rent.
Compared to the rest of the Metropolitan Los Angeles market, the Warner Center region has more expensive rates, and you'll need to make a great offer to be in this hot submarket.
In the last 90 days, 93 listings have come on the market, so you'll want to check back regularly for new listings. About 1% of the available leases in the Warner Center are subleases, so you will probably have to focus your search on direct office leases. 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 2,330 sqft. Most buildings in this area are around 3 stories. Most buildings in this market were built in 1979 and are Class A.
A large portion of this region is residential, but there's plenty of office_space. Wholesale trade is the dominant industry in this market. 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.