On average, listings lease in the $40's per square foot per year. The Laguna Hills submarket is experiencing a decrease in rates. In the last 3 months, the median rate fell $1 per sqft per year. That's a 2% decrease in rent.
Compared to the rest of the Metropolitan Los Angeles market, the Laguna Hills submarket has higher rates, and you'll have to negotiate above asking rent to be in this hot region.
In the last 90 days, 26 listings have been made available, which means office spaces might be leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About 38% of the office spaces in the Laguna Hills 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 2,780 sqft, there are still 0 listings below 2,000 sqft. Most properties in this region are approximately 2 floors. Most buildings in this region were built in 1982 and are Class B.