Corona del Mar Office Space

Corona del Mar

Office Space Market Report

Number of Listings (last 90 days)
1
Median Rate ($/sqft/yr)
$48
Median Size (sqft)
930
As of: June 27, 2017

Corona del Mar Rates

Most listings are in the $40's per square foot per year. The Corona del Mar submarket is experiencing a an increase in rates. In the last 3 months, the median rate went up $48 per sqft per year.

Compared to the rest of the Metropolitan Los Angeles market, the Corona del Mar region has greater rates, and you'll have to negotiate above asking rent to be in this hot submarket.

Corona del Mar Listing Supply

In the last 90 days, 1 listings have come on the market, which means listings most likley are leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About 100% of the listings in the Corona del Mar 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 available, so finding a space for a small business might be tough.

The standard measurement for office space in this area is around 930 sqft. Most buildings in this market are around 2 stories. Most buildings in this region were built in 1980 and are Class B.

Corona del Mar Community

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 motorcycle is the most popular way to get to work amongst Corona del Mar occupants. Commuting around 20 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 Corona del Mar.
Market Report

Market Data

Real time and historical data on commercial real estate listings in Corona del Mar.
Research