Irvine Medical and Science Complex Retail

Irvine Medical and Science Complex

Office Space Market Report

Number of Listings (last 90 days)
9
Median Rate ($/sqft/yr)
$29
Median Size (sqft)
4,190
As of: December 9, 2016

Irvine Medical and Science Complex Rates

On average, listings lease in the $20's per square foot per year. The Irvine Medical and Science Complex submarket is going through a decrease in rates. In the last 3 months, the median rate fell $4 per sqft per year. That's a 12% decline in rent.

Compared to the rest of the Metropolitan Los Angeles market, the Irvine Medical and Science Complex submarket has smaller rates, so you should have no trouble finding a great deal in this depreciated region.

Irvine Medical and Science Complex Listing Supply

In the last 90 days, 10 listings have been made available, which means spaces most likley are leasing quickly. You'll want to be prepared to make an offer immediately. About 30% of the available space in the Irvine Medical and Science Complex are subleases, so you might be able to snag a great spot on a short term. 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 4,190 sqft, there are still 0 new listings below 2,000 sqft. Most buildings in this area are approximately 2 stories. Most buildings in this region were built in 2000 and are Class B.

Irvine Medical and Science Complex Community

Arts, entertainment, and restaurants are the dominant industries in this region. Commute by car is the most popular way to get to work amongst Irvine Medical and Science Complex residents. 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 Irvine Medical and Science Complex.
Market Report

Market Data

Real time and historical data on commercial real estate listings in Irvine Medical and Science Complex.
Research