Irvine Medical and Science Complex Commercial Real Estate

Irvine Medical and Science Complex

Market Report

Number of Listings
Posted in the last 90 days
5
Median Rate ($/sqft/yr)
$40
Median Size (sqft)
2,540

Irvine Medical and Science Complex Rates

Most listings are in the $30's per square foot per year. The Irvine Medical and Science Complex region is experiencing a a boost in rates. In the last 3 months, the median rate increased $14 per sqft per year. That's a 56% rise in rent.

Compared to the rest of the Metropolitan Los Angeles market, the Irvine Medical and Science Complex submarket has more expensive rates, and you'll have to negotiate above asking rent to be in this hot region.

Irvine Medical and Science Complex Listing Supply

In the last 90 days, 96 listings have been listed, so you'll want to check back regularly for new listings. About 4% of the listings in the Irvine Medical and Science Complex 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 posted, so finding a space for a small business might be tough.

Even though the median size is 2,540 sqft, there are still 0 spaces below 2,000 sqft. Most properties in this area are approximately 2 stories. Most buildings in this market were built in 2000 and are Class B.

Irvine Medical and Science Complex Community

Arts, entertainment, and restaurants are the dominant industries in this market. Commute by car is the most popular way to get to work amongst Irvine Medical and Science Complex residents. Commuting between 30 and 45 minutes a day is the norm for those who opt to reside in this part of town.

Market Data

Real time and historical data on commercial real estate listings in Irvine Medical and Science Complex.
Research