Tustin Office Space

Tustin

Office Space Market Report

Number of Listings (last 90 days)
26
Median Rate ($/sqft/yr)
$28
Median Size (sqft)
1,160
As of: May 22, 2017

Tustin Rates

On average, listings lease in the $20's per square foot per year. The Tustin region is going through a decline in rates. In the last 3 months, the median rate decreased $3 per sqft per year. That's a 10% decrease in rent.

Compared to the rest of the Metropolitan Los Angeles market, the Tustin submarket has lower rates, so you should have no trouble finding a great deal in this undervalued submarket.

Tustin Listing Supply

In the last 90 days, 26 listings have been made available, which means spaces most likley are going fast. You'll want to be prepared to make an offer immediately. About 4% of the available space in the Tustin are subleases, so you will probably need to sign a longer term lease with the landlord directly. 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 1,160 sqft. Most properties in this area are close to 2 stories. Most buildings in this area were built in 1980 and are Class B.

Tustin Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Information is the dominant industry in this area. Commute by motorcycle is the most popular way to get to work amongst Tustin folk. Commuting between 30 and 45 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 Tustin.
Market Report

Market Data

Real time and historical data on commercial real estate listings in Tustin.
Research

Tustin Submarkets