Compared to the rest of the Metropolitan Los Angeles market, the Irvine Medical and Science Complex submarket has smaller rates, so you should have no trouble finding a great deal in this discounted submarket.
In the last 90 days, 8 listings have been posted online, which means new listings are probably leasing quickly. You'll want to be prepared to make an offer immediately. About 138% of the office spaces in the Irvine Medical and Science Complex are subleases, so you might be able to sign a shorter term by taking over a previous lease. There aren't many listings below 2,000 square feet available, so finding a space for a small business might be tough.
Even though the median size is 11,620 sqft, there are still 0 new availabilities below 2,000 sqft. Most properties in this area are around 2 stories. Most buildings in this market were built in 2000 and are Class B.
Arts, entertainment, and restaurants are the dominant industries in this region. Commute by car is the most popular way to get to work amongst Irvine Medical and Science Complex folk. Commuting between 30 and 45 minutes a day is the norm for those who opt to reside in this part of town.