Most listings are in the $20's per square foot per year. The Lake Forest region is seeing a decline in rates. In the last 3 months, the median rate fell $2 per sqft per year. That's a 5% decrease in rent.
Compared to the rest of the Metropolitan Los Angeles market, the Lake Forest region has lower rates, so you should have no trouble finding a great deal in this depreciated submarket.
In the last 90 days, 30 listings have been posted online, which means office spaces 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 available, so finding a space for a small business might be tough.
Even though the median size is 2,730 sqft, there are still 0 leases below 2,000 sqft. Most properties in this region are close to 2 floors. Most buildings in this market were built in 1999 and are Class B.