On average, listings lease in the $40's per square foot per year. The North Laguna Hills region is experiencing a a boost in rates. In the last 3 months, the median rate went up $10 per sqft per year. That's a 31% rise in rent.
Compared to the rest of the Metropolitan Los Angeles market, the North Laguna Hills submarket has greater rates, and you'll need to pay a premium to be in this hot submarket.
In the last 90 days, 21 listings have been posted online, which means office spaces might be leasing quickly. You'll want to be prepared to tour spaces as quick as possible. 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 2,580 sqft, there are still 0 leases below 2,000 sqft. Most buildings in this market are around 2 floors. Most buildings in this region were built in 1984 and are Class B.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Utilities is the dominant industry in this region. Commute by motorcycle is the most popular way to get to work amongst North Laguna Hills folk. Commuting between 30 and 45 minutes a day is the norm for those who opt to reside in this part of town.