The typical asking rate per listing is in the $0's per square foot per year. The Lake Forest submarket is seeing a decline in rates. In the last 3 months, the median rate decreased $29 per sqft per year. That's a 100% decrease in rent.
In the last 90 days, 15 listings have been posted online, which means spaces are probably going fast. You'll want to be prepared to make an offer immediately. There aren't many listings below 2,000 square feet available, so finding a space for a small business might be tough.
The standard measurement for office space in this area is around sqft. Most buildings in this market are approximately 2 stories. Most buildings in this market were built in 1981 and are Class B.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Education is the dominant industry in this area. Most of the folk of Lake Forest work from home. Commuting around 10 minutes a day is the norm for those who opt to reside in this part of town.