SAMLARC Retail

SAMLARC

Office Space Market Report

Number of Listings (last 90 days)
74
Median Rate ($/sqft/yr)
$21
Median Size (sqft)
1,260
As of: August 17, 2017

SAMLARC Rates

On average, listings lease in the $20's per square foot per year. The SAMLARC submarket is going through a a rise in rates. In the last 3 months, the median rate increased $0 per sqft per year. That's a 1% increase in rent.

Compared to the rest of the Metropolitan Los Angeles market, the SAMLARC submarket has less expensive rates, so you should have no trouble finding a great deal in this depreciated region.

SAMLARC Listing Supply

In the last 90 days, 9 listings have been posted online, which means new availabilities most likley are leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About 167% of the available space in the SAMLARC 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.

The standard measurement for office space in this area is around 1,260 sqft. Most properties in this market are around 2 stories. Most buildings in this region were built in 2000 and are Class A.

SAMLARC Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Waste services is the dominant industry in this area. Commute by bike is the most popular way to get to work amongst SAMLARC folk. Commuting around an hour and a half 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 SAMLARC.
Market Report

Market Data

Real time and historical data on commercial real estate listings in SAMLARC.
Research

Rancho Santa Margarita Submarkets