The typical asking rate per listing is in the $30's per square foot per year. The Central Laguna Hills region is seeing a decline in rates. In the last 3 months, the median rate fell $14 per sqft per year. That's a 32% decrease in rent.
Compared to the rest of the Metropolitan Los Angeles market, the Central Laguna Hills submarket has lower rates, so you should have no trouble finding a great deal in this undervalued submarket.
In the last 90 days, 37 listings have been posted online, which means listings are probably going fast. You'll want to be prepared to tour spaces as quick as possible. 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 4,220 sqft, there are still 0 listings below 2,000 sqft. Most properties in this market are around 3 stories. Most buildings in this market were built in 1979 and are Class B.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Professional services is the dominant industry in this region. Commute by walking is the most popular way to get to work amongst Central Laguna Hills residents. Commuting close to an hour and a half 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 Central Laguna Hills.
Get email notifications when new listings are posted that match your requirements.