On average, listings lease in the $40's per square foot per year. The North Laguna Hills region is seeing a a boost in rates. In the last 3 months, the median rate increased $46 per sqft per year.
Compared to the rest of the Metropolitan Los Angeles market, the North Laguna Hills submarket has more expensive rates, and you'll need to make a great offer to be in this hot submarket.
In the last 90 days, 11 listings have been made available, which means listings are probably going fast. You'll want to be prepared to make an offer immediately. About 36% of the available leases in the North Laguna Hills 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 on the market, so finding a space for a small business might be tough.
Even though the median size is 2,970 sqft, there are still 0 leases below 2,000 sqft. Most properties in this market are close to 2 floors. Most buildings in this market were built in 1984 and are Class B.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Utilities is the dominant industry in this region. Commute by motorcycle is the most popular way to get to work amongst North Laguna Hills occupants. Commuting between 30 and 45 minutes a day is the norm for those who opt to reside in this part of town.