On average, listings lease in the $0's per square foot per year. The Corona del Mar submarket is seeing a decline in rates. In the last 3 months, the median rate fell $63 per sqft per year. That's a 100% decline in rent.
In the last 90 days, 2 listings have been posted online, which means new availabilities 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 posted, so finding a space for a small business might be tough.
The standard measurement for office space in this area is around 1,170 sqft. Most buildings in this area were built in 1985 and are Class B.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Professional services is the dominant industry in this market. Commute by motorcycle is the most popular way to get to work amongst Corona del Mar occupants. Commuting approximately 20 minutes a day is the norm for those who opt to reside in this part of town.