On average, listings lease in the $0's per square foot per year. The Downtown Fullerton submarket is seeing a decline in rates. In the last 3 months, the median rate fell $28 per sqft per year. That's a 100% decline in rent.
In the last 90 days, 2 listings have been posted online, which means new listings might be leasing quickly. You'll want to be prepared to make an offer immediately. 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 measurement for office space in this area is around 520 sqft. Most properties in this region are close to 2 floors. Most buildings in this market were built in 1958 and are Class C.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Finance and insurance are the dominant industries in this area. Commute by motorcycle is the most popular way to get to work amongst Downtown Fullerton residents. Commuting approximately 30 minutes a day is the norm for those who opt to reside in this part of town.