Most listings are in the $30's per square foot per year. The Thousand Oaks region is seeing a decrease in rates. In the last 3 months, the median rate fell $2 per sqft per year. That's a 5% decline in rent.
Compared to the rest of the Metropolitan Los Angeles market, the Thousand Oaks region has less expensive rates, so you should have no trouble finding a great deal in this undervalued region.
In the last 90 days, 37 listings have come on the market, which means listings are probably leasing quickly. You'll want to be prepared to make an offer immediately. About 14% of the available space in the Thousand Oaks 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 1,510 sqft. Most buildings in this market are approximately 2 stories. Most buildings in this market were built in 1986 and are Class B.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Utilities is the dominant industry in this area. Commute by walking is the most popular way to get to work amongst 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.