Irvine Medical and Science Complex Industrial

Irvine Medical and Science Complex

Market Report

Number of Listings
Posted in the last 90 days
3
Median Rate ($/sqft/yr)
$40
Median Size (sqft)
2,540

Irvine Medical and Science Complex Rates

Most listings are in the $30's per square foot per year. The Irvine Medical and Science Complex region is seeing a a rise in rates. In the last 3 months, the median rate rose $3 per sqft per year. That's a 9% rise in rent.

Compared to the rest of the Metropolitan Los Angeles market, the Irvine Medical and Science Complex submarket has greater rates, and you'll need to pay a premium to be in this hot region.

Irvine Medical and Science Complex Listing Supply

In the last 90 days, 96 listings have come on the market, so you'll want to check back regularly for new listings. About 4% of the available leases in the Irvine Medical and Science Complex are subleases, so you will probably have to consider a longer term lease. There aren't many listings below 2,000 square feet posted, so finding a space for a small business might be tough.

Even though the median size is 2,540 sqft, there are still 0 office spaces below 2,000 sqft. Most properties in this region are approximately 2 stories. Most buildings in this region were built in 2000 and are Class B.

Irvine Medical and Science Complex Community

Arts, entertainment, and restaurants are the dominant industries in this region. Commute by car is the most popular way to get to work amongst Irvine Medical and Science Complex occupants. Commuting between 30 and 45 minutes a day is the norm for those who opt to reside in this part of town.

Market Data

Real time and historical data on commercial real estate listings in Irvine Medical and Science Complex.
Research