The typical asking rate per listing is in the $20's per square foot per year. The Rancho Santa Margarita region is seeing a decrease in rates. In the last 3 months, the median rate decreased $12 per sqft per year. That's a 37% decrease in rent.
Compared to the rest of the Metropolitan Los Angeles market, the Rancho Santa Margarita region has less expensive rates, so you should have no trouble finding a great deal in this undervalued submarket.
In the last 90 days, 15 listings have been listed, which means new availabilities might be 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 580 sqft. Most properties in this market are approximately 2 stories. Most buildings in this market were built in 2002 and are Class A.