The typical asking rate per listing is in the $20's per square foot per year. The North Corona region is seeing a decrease in rates. In the last 3 months, the median rate fell $8 per sqft per year. That's a 24% decrease 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 undervalued region.
In the last 90 days, 97 listings have come on the market, so you'll want to check back regularly for new listings. About 1% of the available space in the North Corona are subleases, so you will probably have to focus your search on direct office leases. There aren't many listings below 2,000 square feet available, so finding a space for a small business might be tough.
Even though the median size is 3,600 sqft, there are still 0 office spaces below 2,000 sqft. Most properties in this area are around 2 floors. Most buildings in this area 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 market. Most of the residents 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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