Compared to the rest of the Metropolitan Los Angeles market, the Irvine Medical and Science Complex region has less expensive rates, so you should have no trouble finding a great deal in this undervalued submarket.
In the last 90 days, 3 listings have been posted online, which means leases are probably leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About 33% of the office spaces in the Irvine Medical and Science Complex 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 on the market, so finding a space for a small business might be tough.
Even though the median size is 3,380 sqft, there are still 0 listings below 2,000 sqft. Most properties in this area are around 2 stories. Most buildings in this area were built in 2000 and are Class B.
Arts, entertainment, and restaurants are the dominant industries in this area. Commute by car is the most popular way to get to work amongst Irvine Medical and Science Complex folk. Commuting between 30 and 45 minutes a day is the norm for those who opt to reside in this part of town.