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The typical asking rate per commerial real estate listing leases is in the $10's per square foot per year. The Lake Elsinore submarket is experiencing a a rise in rates. In the last 3 months, the median rate for lease went up $18 per sqft per year.
Compared to the rest of the Metropolitan Los Angeles commercial real estate market, the Lake Elsinore region has smaller rates, so you should have no trouble finding a great deal in this discounted region.
In the last 180 days, 133 commercial real estate listings have come on the market, so you'll want to check back regularly for new listings. There aren't many listings below 2,000 square feet on the market, so finding a space for a small business might be tough.
The standard size for office space in this area is around 1,000 sqft. Most properties in this region are around 2 stories. Most buildings in this market were built approximately 1989 and are Class B.
Real time and historical data on commercial real estate listings in Lake Elsinore.
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