On average, listings lease in the $40's per square foot per year. The Mission Viejo submarket is experiencing a a rise in rates. In the last 3 months, the median rate increased $10 per sqft per year. That's a 26% increase in rent.
Compared to the rest of the Metropolitan Los Angeles market, the Mission Viejo region has more expensive rates, and you'll need to pay a premium to be in this hot submarket.
In the last 90 days, 14 listings have been posted online, which means listings might be going fast. 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.
The standard measurement for office space in this area is around 2,100 sqft. Most buildings in this market are approximately 2 stories. Most buildings in this region were built in 1988 and are Class A.