The typical asking rate per listing is in the $40's per square foot per year. The Laguna submarket is seeing a a boost in rates. In the last 3 months, the median rate increased $11 per sqft per year. That's a 31% rise in rent.
In the last 90 days, 13 listings have been listed, which means spaces are probably leasing quickly. You'll want to be prepared to make an offer immediately. About 23% of the listings in the Laguna 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 posted, so finding a space for a small business might be tough.
The standard measurement for office space in this area is around 2,220 sqft. Most buildings in this region are approximately 2 floors. Most buildings in this area were built in 1974 and are Class A.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Public administration is the dominant industry in this market. Commute by bike is the most popular way to get to work amongst Laguna occupants. Commuting under 5 minutes a day is the norm for those who opt to reside in this part of town.