Compared to the rest of the Metropolitan Los Angeles market, the Newport Beach region has more expensive rates, and you'll need to pay a premium to be in this hot submarket.
In the last 90 days, 105 listings have been posted online, so you'll want to check back regularly for new listings. About 3% of the listings in the Newport Beach are subleases, so you will probably need to consider the implications of signing a direct lease with the building. 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 2,160 sqft. Most properties in this region are approximately 2 stories. Most buildings in this region were built in 1979 and are Class B.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Agriculture is the dominant industry in this market. Commute by walking is the most popular way to get to work amongst Newport Beach occupants. Commuting close to an hour and a half a day is the norm for those who opt to reside in this part of town.