The typical asking rate per listing is in the $20's per square foot per year. The Downtown Thousand Oaks submarket is experiencing a decrease in rates. In the last 3 months, the median rate decreased $6 per sqft per year. That's a 21% decrease in rent.
Compared to the rest of the Metropolitan Los Angeles market, the Downtown Thousand Oaks region has lower rates, so you should have no trouble finding a great deal in this undervalued submarket.
In the last 90 days, 12 listings have been made available, which means spaces most likley are leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About 25% of the available space in the Downtown Thousand Oaks 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.
The standard measurement for office space in this area is around 2,380 sqft. Most buildings in this market are close to 2 stories. Most buildings in this region were built in 1989 and are Class B.
A large portion of this market is residential, but there's plenty of office_space. Real estate is the dominant industry in this area. Commute by walking is the most popular way to get to work amongst Downtown Thousand Oaks occupants. Commuting between 30 and 45 minutes a day is the norm for those who opt to reside in this part of town.