On average, listings lease in the $40's per square foot per year. The Central San Diego region is seeing a decline in rates. In the last 3 months, the median rate fell $2 per sqft per year. That's a 5% decline in rent.
Compared to the rest of the San Diego market, the Central San Diego region has more expensive rates, and you'll need to make a great offer to be in this hot submarket.
In the last 90 days, 1287 listings have been made available, so you'll want to check back regularly for new listings. About 7% of the available leases in the Central San Diego are subleases, so you will probably need to sign a longer term lease with the landlord directly. There aren't many listings below 2,000 square feet posted, so finding a space for a small business might be tough.
Even though the median size is 8,470 sqft, there are still 0 listings below 2,000 sqft. Most buildings in this region are close to 4 stories. Most buildings in this region were built in 1980 and are Class B.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Arts, entertainment, and restaurants are the dominant industries in this area. Commute by bike is the most popular way to get to work amongst Central San Diego folk. Commuting more than an hour and a half a day is the norm for those who opt to reside in this part of town.
Real time and historical data on commercial real estate listings in Central San Diego.
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