On average, listings lease in the $10's per square foot per year. The North Corona region is experiencing a decline in rates. In the last 3 months, the median rate decreased $14 per sqft per year. That's a 43% decline in rent.
Compared to the rest of the Metropolitan Los Angeles market, the North Corona region has less expensive rates, so you should have no trouble finding a great deal in this depreciated region.
In the last 90 days, 97 listings have been listed, so you'll want to check back regularly for new listings. About 12% of the listings in the North Corona are subleases, so you might be able to snag a great spot on a short term. 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 1,750 sqft. Most buildings in this area are around 2 stories. Most buildings in this market were built in 2001 and are Class A.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Agriculture is the dominant industry in this region. Most of the folk of North Corona work from home. Commuting between 30 and 45 minutes a day is the norm for those who opt to reside in this part of town.
Real time and historical data on commercial real estate listings in North Corona.
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