The typical asking rate per listing is in the $20's per square foot per year. The Tustin submarket is seeing a decrease in rates. In the last 3 months, the median rate decreased $2 per sqft per year. That's a 6% decrease in rent.
Compared to the rest of the Metropolitan Los Angeles market, the Tustin submarket has lower rates, so you should have no trouble finding a great deal in this discounted submarket.
In the last 90 days, 26 listings have been made available, which means new availabilities are probably going fast. You'll want to be prepared to tour spaces as quick as possible. About 73% of the office spaces in the Tustin are subleases, so you might be able to sign a shorter term by taking over a previous lease. There aren't many listings below 2,000 square feet on the market, so finding a space for a small business might be tough.
The standard measurement for office space in this area is around 1,800 sqft. Most properties in this area are close to 2 stories. Most buildings in this region were built in 1980 and are Class B.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Information is the dominant industry in this market. Commute by motorcycle is the most popular way to get to work amongst Tustin folk. Commuting between 30 and 45 minutes a day is the norm for those who opt to reside in this part of town.