The typical asking rate per listing is in the $30's per square foot per year. The Costa Mesa region is seeing a decrease in rates. In the last 3 months, the median rate decreased $13 per sqft per year. That's a 25% decrease in rent.
Compared to the rest of the Metropolitan Los Angeles market, the Costa Mesa submarket has greater rates, and you'll need to make a great offer to be in this hot region.
In the last 90 days, 47 listings have come on the market, so you'll want to check back regularly for new listings. About 83% of the available leases in the Costa Mesa 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 3,150 sqft, there are still 0 spaces below 2,000 sqft. Most properties in this area are around 2 floors. Most buildings in this market were built in 1981 and are Class A.