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)
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 % |
- 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
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 |
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 |
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.