The typical asking rate per listing is in the $20's per square foot per year. The Downtown Fullerton submarket is experiencing a a rise in rates. In the last 3 months, the median rate went up $4 per sqft per year. That's a 17% rise in rent.
Compared to the rest of the Metropolitan Los Angeles market, the Downtown Fullerton submarket has lower rates, so you should have no trouble finding a great deal in this discounted submarket.
In the last 90 days, 2 listings have been listed, which means leases most likley are leasing quickly. You'll want to be prepared to tour spaces as quick as possible. There aren't many listings below 2,000 square feet on the market, so finding a space for a small business might be tough.
Even though the median size is 2,900 sqft, there are still 0 new listings below 2,000 sqft. Most buildings in this market are around 2 floors. Most buildings in this region were built in 1958 and are Class B.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Finance and insurance are the dominant industries in this region. Commute by motorcycle is the most popular way to get to work amongst Downtown Fullerton folk. Commuting close to 30 minutes a day is the norm for those who opt to reside in this part of town.