On average, listings lease in the $40's per square foot per year. The Saugus submarket is going through a an increase in rates. In the last 3 months, the median rate rose $44 per sqft per year.
Compared to the rest of the Metropolitan Los Angeles market, the Saugus submarket has higher rates, and you'll need to make a great offer to be in this hot submarket.
In the last 90 days, 2 listings have been listed, which means new availabilities might be going fast. You'll want to be prepared to tour spaces as quick as possible. There aren't many listings below 2,000 square feet on the market, so finding a space for a small business might be tough.
The standard measurement for office space in this area is around 1,600 sqft. Most properties in this market are around 1 floors. Most buildings in this region were built in 2005 and are Class B.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Real estate is the dominant industry in this market. Commute by public transit is the most popular way to get to work amongst Saugus residents. Commuting between 30 and 45 minutes a day is the norm for those who opt to reside in this part of town.