On average, listings lease in the $30's per square foot per year. The Lake Forest submarket is seeing a an increase in rates. In the last 3 months, the median rate went up $12 per sqft per year. That's a 43% increase in rent.
Compared to the rest of the Metropolitan Los Angeles market, the Lake Forest submarket has more expensive rates, and you'll need to make a great offer to be in this hot region.
In the last 90 days, 206 listings have been made available, so you'll want to check back regularly for new listings. About 15% of the available space in the Lake Forest are subleases, so you might be able to sign a shorter term by taking over a previous lease. 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 9,680 sqft, there are still 0 new availabilities below 2,000 sqft. Most buildings in this region are approximately 2 floors. Most buildings in this market were built in 1999 and are Class B.
Real time and historical data on commercial real estate listings in Lake Forest.
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