On average, listings lease in the $30's per square foot per year. The North Hollywood submarket is going through a an increase in rates. In the last 3 months, the median rate increased $33 per sqft per year.
In the last 90 days, 6 listings have been posted online, which means leases most likley are leasing quickly. You'll want to be prepared to tour spaces as quick as possible. There aren't many listings below 2,000 square feet on the market, so finding a space for a small business might be tough.
Even though the median size is 4,000 sqft, there are still 0 office spaces below 2,000 sqft. Most buildings in this region are approximately 2 floors. Most buildings in this market were built in 1979 and are Class B.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Professional services is the dominant industry in this region. Commute by public transit is the most popular way to get to work amongst North Hollywood residents. Commuting between 30 and 45 minutes a day is the norm for those who opt to reside in this part of town.