Tustin Retail

Tustin

Office Space Market Report

Number of Listings (last 90 days)
26
Median Rate ($/sqft/yr)
$28
Median Size (sqft)
1,160
As of: May 22, 2017

Tustin Rates

On average, listings lease in the $20's per square foot per year. The Tustin region is experiencing a decline in rates. In the last 3 months, the median rate fell $3 per sqft per year. That's a 10% decrease in rent.

Compared to the rest of the Metropolitan Los Angeles market, the Tustin region has smaller rates, so you should have no trouble finding a great deal in this discounted region.

Tustin Listing Supply

In the last 90 days, 26 listings have been posted online, which means new listings are probably going fast. You'll want to be prepared to tour spaces as quick as possible. About 4% of the office spaces in the Tustin are subleases, so you will probably need to sign a longer term lease with the landlord directly. 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 1,160 sqft. Most buildings in this area are around 2 floors. Most buildings in this area were built in 1980 and are Class B.

Tustin Community

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 residents. Commuting between 30 and 45 minutes 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 Tustin.
Market Report

Market Data

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

Tustin Submarkets