Most listings are in the $30's per square foot per year. The Downtown Santa Ana submarket is seeing a a rise in rates. In the last 3 months, the median rate rose $6 per sqft per year. That's a 18% rise in rent.
Compared to the rest of the Metropolitan Los Angeles market, the Downtown Santa Ana submarket has greater rates, and you'll need to pay a premium to be in this hot region.
In the last 90 days, 12 listings have come on the market, which means leases are probably leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About 58% of the available space in the Downtown Santa Ana 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 9,000 sqft, there are still 0 listings below 2,000 sqft. Most properties in this region are around 2 stories. Most buildings in this area were built in 1954 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 market. Commute by bike is the most popular way to get to work amongst Downtown Santa Ana folk. Commuting under 5 minutes a day is the norm for those who opt to reside in this part of town.