On average, listings lease in the $40's per square foot per year. The Central Laguna Hills submarket is seeing a a rise in rates. In the last 3 months, the median rate went up $11 per sqft per year. That's a 33% increase in rent.
Compared to the rest of the Metropolitan Los Angeles market, the Central Laguna Hills region has higher rates, and you'll need to make a great offer to be in this hot submarket.
In the last 90 days, 15 listings have come on the market, which means leases might be going fast. You'll want to be prepared to tour spaces as quick as possible. About 20% of the available space in the Central Laguna Hills are subleases, so you might be able to find a shorter term or below market rent. There aren't many listings below 2,000 square feet posted, so finding a space for a small business might be tough.
Even though the median size is 4,030 sqft, there are still 0 new listings below 2,000 sqft. Most buildings in this area are around 3 stories. Most buildings in this market 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. Professional services is the dominant industry in this area. Commute by walking is the most popular way to get to work amongst Central Laguna Hills folk. Commuting around an hour and a half a day is the norm for those who opt to reside in this part of town.