On average, listings lease in the $30's per square foot per year. The Rancho Santa Margarita region is seeing a an increase in rates. In the last 3 months, the median rate rose $11 per sqft per year. That's a 50% increase in rent.
Compared to the rest of the Metropolitan Los Angeles market, the Rancho Santa Margarita region has less expensive rates, so you should have no trouble finding a great deal in this discounted submarket.
In the last 90 days, 76 listings have been made available, so you'll want to check back regularly for new listings. About 3% of the available space in the Rancho Santa Margarita are subleases, so you will probably need to consider the implications of signing a direct lease with the building. 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 7,080 sqft, there are still 0 leases below 2,000 sqft. Most buildings in this market are close to 2 floors. Most buildings in this area were built in 2000 and are Class A.
Real time and historical data on commercial real estate listings in Rancho Santa Margarita.
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