Most listings are in the $30's per square foot per year. The Laguna submarket is experiencing a decline in rates. In the last 3 months, the median rate fell $13 per sqft per year. That's a 26% decline in rent.
In the last 90 days, 3 listings have been listed, which means leases most likley are going fast. You'll want to be prepared to tour spaces as quick as possible. About 33% of the listings in the Laguna 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 available, so finding a space for a small business might be tough.
Even though the median size is 8,260 sqft, there are still 0 new availabilities below 2,000 sqft. Most buildings in this market are close to 3 stories. 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 region. Commute by bike is the most popular way to get to work amongst Laguna folk. Commuting under 5 minutes a day is the norm for those who opt to reside in this part of town.