Laguna Hills Office Market Trends

Office Rental Market

  • $35.77 2019 Avg. Asking Rent
  • 9.66 % 2019 Avg. Vacancy Rate
  • 0 2019 Office Completions (Sqft)
  • 0 2020 Estimated Pipeline (Sqft)
In 2019, the average asking rent for office space in Laguna Hills was $35.77 per square foot, and the office vacancy rate across the market averaged 9.66 %. During 2019, developers added 0 square feet of new office space to the Laguna Hills market inventory. Office developments estimated for delivery during 2020 total 0 square feet.

Average Office Asking Rents by Class

2019 Average Office Rent per Square Foot

  • Laguna Hills Class A Office Buildings$38.48
  • Laguna Hills Class B Office Buildings$34.53
  • CA Class A Office Buildings$51.59
  • CA Class B Office Buildings$34.34
  • CA Class C Office Buildings$22.62

Laguna Hills, CA Office Asking Rents by Class

2019 OFFICE VACANCY RATES

Submarket Asking Rents Vacancy Rates
Laguna Hills $35.83 8.85 %
Laguna Woods $35.65 12.23 %
Data provided by Commercial Edge
  • The lowest office vacancy rate in 2019 in Laguna Hills was 8.85 % in the Laguna Hills submarket, where asking rents averaged $35.83.
  • The highest office vacancy rate in 2019 in Laguna Hills was 12.23 % in the Laguna Woods submarket, where asking rents averaged $35.65.

OFFICE CONSTRUCTION IN Laguna Hills, CA

  • Laguna Hills, CA Total Sqft completed in 2019 0
  • Laguna Hills, CA Total Sqft under construction in 2020 0
10 Largest Office Buildings in Laguna Hills
Building name Address Total Sqft Year built
La Paz Office Plaza 25200 Cabot Road, 92653 180,660 1978
Saddleback Valley Medical Center - 23961 Calle De La Magdalena 23961 Calle De La Magdalena, 92653 136,000 1980
Saddleback Valley Medical Center - 24411 Health Center Drive 24411 Health Center Drive, 92653 132,000 1974
Oakbrook Plaza 24422 Avenida De La Carlota, 92653 119,558 1983
23046 Avenida De La Carlota 23046 Avenida De La Carlota, 92653 113,208 1982
Moulton Park Place 23121 Verdugo Drive, 92653 100,774 1981
Moulton Park Place 23141 Verdugo Drive, 92653 100,774 1981
Taj Mahal Medical Center 23521 Paseo De Valencia, 92653 90,000 1965
Alicia Office Park 25231 Paseo De Alicia, 92653 86,360 1979
Saddleback Financial Center 24012 Calle De La Plata, 92653 72,900 1980
Largest Office Properties Recently Completed in Laguna Hills
Office building Address Sqft Completed
23091 Mill Creek Drive 23091 Mill Creek Drive, 92653 28,440 1991
23330 & 23340 Moulton Pkwy 23330 Moulton Pkwy, 92653 40,000 1990
HERE - Bldg E 23332 Mill Creek Drive, 92653 50,592 1989
Plaza Laguna Hills 23172 Plaza Pointe Drive, 92653 34,900 1989
HERE - Bldg C 23422 Mill Creek Drive, 92653 51,391 1988
Moulton Business Park 23141 Moulton Pkwy, 92653 47,000 1988
La Cadena Business Park 23022 La Cadena Drive, 92653 25,243 1988
HERE - Bldgs A & B 24411 Ridge Route Drive, 92653 68,431 1987
Colton Hillside Plaza 23161 Mill Creek Drive, 92653 47,570 1987
Plaza Pointe 23041 Avenida De La Carlota, 92653 60,330 1985
Data provided by Commercial Edge

Office Spaces for Rent in California

See trends for nearby markets

The Laguna Hills office market contains an inventory of 1,997,677 square feet of office space, in 64 buildings that are equal to or larger than 25,000 square feet.

This market trends report is based on analysis of city-level data. Averages were calculated based on values dated January 1st 2019 through December 31st 2019. Construction pipeline data shown is valid as of April 2020. The information on this page was compiled using data provided by our sister company, CommercialEdge – a market intelligence solution which offers comprehensive knowledge on all Laguna Hills commercial properties sized 25,000 square feet or larger.

While every effort was made to ensure the accuracy of the data presented in this report, the information is provided “as is” and neither CommercialCafe nor CommercialEdge can guarantee that the information provided is complete.