Westlake Village Sublease

Westlake Village

Office Space Market Report

Number of Listings (last 90 days)
18
Median Rate ($/sqft/yr)
$28
Median Size (sqft)
3,690
As of: June 25, 2017

Westlake Village Rates

On average, listings lease in the $20's per square foot per year. The Westlake Village submarket is seeing a an increase in rates. In the last 3 months, the median rate increased $28 per sqft per year.

Compared to the rest of the Metropolitan Los Angeles market, the Westlake Village submarket has less expensive rates, so you should have no trouble finding a great deal in this undervalued submarket.

Westlake Village Listing Supply

In the last 90 days, 18 listings have been listed, which means office spaces most likley are going fast. You'll want to be prepared to make an offer immediately. About 94% of the listings in the Westlake Village are subleases, so you might be able to find a shorter term or below market rent. 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 3,690 sqft, there are still 0 leases below 2,000 sqft. Most buildings in this area are around 2 stories. Most buildings in this area were built in 1988 and are Class A.

Westlake Village Community

Market Report

Trends and status of the commercial real estate market in Westlake Village.
Market Report

Market Data

Real time and historical data on commercial real estate listings in Westlake Village.
Research