On average, listings lease in the $30's per square foot per year. The Downtown Fullerton region is experiencing a decline in rates. In the last 3 months, the median rate decreased $6 per sqft per year. That's a 16% decline in rent.
Compared to the rest of the Metropolitan Los Angeles market, the Downtown Fullerton submarket has less expensive rates, so you should have no trouble finding a great deal in this depreciated submarket.
In the last 90 days, 3 listings have been made available, which means listings are probably leasing quickly. You'll want to be prepared to tour spaces as quick as possible. There aren't many listings below 2,000 square feet available, so finding a space for a small business might be tough.
The standard measurement for office space in this area is around 350 sqft. Most properties in this region are around 2 stories. Most buildings in this area were built in 1948 and are Class B.
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 around 30 minutes a day is the norm for those who opt to reside in this part of town.