On average, listings lease in the $10's per square foot per year. The Orange submarket is experiencing a decrease in rates. In the last 3 months, the median rate decreased $15 per sqft per year. That's a 49% decrease in rent.
Compared to the rest of the Metropolitan Los Angeles market, the Orange region has less expensive rates, so you should have no trouble finding a great deal in this discounted region.
In the last 90 days, 384 listings have come on the market, so you'll want to check back regularly for new listings. About 5% of the available leases in the Orange are subleases, so you will probably have to consider a longer term lease. 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 4,070 sqft, there are still 0 office spaces below 2,000 sqft. Most properties in this region are close to 2 stories. Most buildings in this area were built in 1980 and are Class B.
Real time and historical data on commercial real estate listings in Orange.
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