The typical asking rate per listing is in the $30's per square foot per year. The Costa Mesa region is seeing a decrease in rates. In the last 3 months, the median rate decreased $2 per sqft per year. That's a 6% decrease in rent.
Compared to the rest of the Metropolitan Los Angeles market, the Costa Mesa submarket has less expensive rates, so you should have no trouble finding a great deal in this discounted region.
In the last 90 days, 491 listings have been made available, so you'll want to check back regularly for new listings. About 7% of the listings in the Costa Mesa 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 posted, so finding a space for a small business might be tough.
The standard measurement for office space in this area is around 1,590 sqft. Most buildings in this market are close to 2 stories. Most buildings in this region were built in 1981 and are Class A.
Real time and historical data on commercial real estate listings in Costa Mesa.
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