The typical asking rate per listing is in the $20's per square foot per year. The South Laguna Village region is seeing a a rise in rates. In the last 3 months, the median rate rose $29 per sqft per year.
Compared to the rest of the Metropolitan Los Angeles market, the South Laguna Village region has less expensive rates, so you should have no trouble finding a great deal in this discounted submarket.
In the last 90 days, 23 listings have been made available, which means new listings are probably leasing quickly. You'll want to be prepared to make an offer immediately. About 4% of the office spaces in the South Laguna Village are subleases, so you will probably need to consider the implications of signing a direct lease with the building. 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 2,570 sqft, there are still 0 leases below 2,000 sqft. Most buildings in this area are close to 2 floors.
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 market. Most of the residents of South Laguna Village 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 South Laguna Village.
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