Lake Forest Office Space

Lake Forest

Office Space Market Report

Number of Listings (last 90 days)
Median Rate ($/sqft/yr)
Median Size (sqft)
As of: October 22, 2016

Lake Forest Rates

The typical asking rate per listing is in the $20's per square foot per year. The Lake Forest region is seeing a decrease in rates. In the last 3 months, the median rate fell $3 per sqft per year. That's a 11% decline in rent.

Compared to the rest of the Metropolitan Los Angeles market, the Lake Forest region has less expensive rates, so you should have no trouble finding a great deal in this discounted submarket.

Lake Forest Listing Supply

In the last 90 days, 10 listings have come on the market, which means new availabilities most likley are leasing quickly. You'll want to be prepared to make an offer immediately. About 10% of the available leases in the Lake Forest are subleases, so you will probably have to consider a longer term lease. 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 1,540 sqft. Most buildings in this area are around 2 floors. Most buildings in this area were built in 1981 and are Class B.

Lake Forest Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Education is the dominant industry in this region. Most of the occupants of Lake Forest work from home. Commuting close to 10 minutes a day is the norm for those who opt to reside in this part of town.

Market Report

Trends and status of the commercial real estate market in Lake Forest.
Market Report

Market Data

Real time and historical data on commercial real estate listings in Lake Forest.