Most listings are in the $30's per square foot per year. The Tustin submarket is going through a an increase in rates. In the last 3 months, the median rate went up $8 per sqft per year. That's a 27% increase in rent.
Compared to the rest of the Metropolitan Los Angeles market, the Tustin region has more expensive rates, and you'll need to make a great offer to be in this hot submarket.
In the last 90 days, 209 listings have come on the market, so you'll want to check back regularly for new listings. About 16% of the available space in the Tustin are subleases, so you might be able to find a shorter term or below market rent. There aren't many listings below 2,000 square feet posted, so finding a space for a small business might be tough.
Even though the median size is 4,560 sqft, there are still 0 new availabilities below 2,000 sqft. Most properties in this market are around 2 floors. Most buildings in this region were built in 1980 and are Class B.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Information is the dominant industry in this area. Commute by motorcycle is the most popular way to get to work amongst Tustin occupants. 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 Tustin.
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