On average, listings lease in the $30's per square foot per year. The Costa Mesa region is seeing a decline in rates. In the last 3 months, the median rate fell $5 per sqft per year. That's a 11% decrease in rent.
Compared to the rest of the Metropolitan Los Angeles market, the Costa Mesa region has more expensive rates, and you'll have to negotiate above asking rent to be in this hot region.
In the last 90 days, 491 listings have come on the market, so you'll want to check back regularly for new listings. About 8% of the available space in the Costa Mesa are subleases, so you will probably need to sign a longer term lease with the landlord directly. 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 2,920 sqft, there are still 0 new availabilities below 2,000 sqft. Most buildings in this region are close to 2 floors. Most buildings in this area were built in 1981 and are Class A.
Real time and historical data on commercial real estate listings in Costa Mesa.
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