Most listings are in the $30's per square foot per year. The Tustin region is experiencing a a boost in rates. In the last 3 months, the median rate increased $13 per sqft per year. That's a 52% increase in rent.
Compared to the rest of the Metropolitan Los Angeles market, the Tustin region has higher rates, and you'll need to make a great offer to be in this hot submarket.
In the last 90 days, 26 listings have been made available, which means office spaces might be leasing quickly. You'll want to be prepared to make an offer immediately. About 69% of the available leases 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 posted, so finding a space for a small business might be tough.
Even though the median size is 9,290 sqft, there are still 0 new listings below 2,000 sqft. Most buildings in this market are approximately 2 floors. Most buildings in this area 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 area. Commute by motorcycle is the most popular way to get to work amongst Tustin occupants. Commuting between 30 and 45 minutes a day is the norm for those who opt to reside in this part of town.