Most listings are in the $30's per square foot per year. The Lake Forest region is seeing a a rise in rates. In the last 3 months, the median rate rose $1 per sqft per year. That's a 3% rise in rent.
Compared to the rest of the Metropolitan Los Angeles market, the Lake Forest region has lower rates, so you should have no trouble finding a great deal in this undervalued region.
In the last 90 days, 17 listings have been made available, which means leases are probably going fast. You'll want to be prepared to make an offer immediately. About 12% of the available space in the Lake Forest 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.
The standard measurement for office space in this area is around 1,260 sqft. Most properties in this area are around 2 floors. Most buildings in this region 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 residents of Lake Forest work from home. Commuting approximately 10 minutes a day is the norm for those who opt to reside in this part of town.