On average, listings lease in the $30's per square foot per year. The Mission Viejo submarket is experiencing a an increase in rates. In the last 3 months, the median rate went up $7 per sqft per year. That's a 23% rise in rent.
Compared to the rest of the Metropolitan Los Angeles market, the Mission Viejo submarket has greater rates, and you'll need to make a great offer to be in this hot region.
In the last 90 days, 12 listings have been posted online, which means office spaces are probably going fast. You'll want to be prepared to make an offer immediately. There aren't many listings below 2,000 square feet posted, so finding a space for a small business might be tough.
The standard measurement for office space in this area is around 1,980 sqft. Most buildings in this market are around 2 stories. Most buildings in this region were built in 1985 and are Class A.