On average, listings lease in the $80's per square foot per year. The City Heights region is seeing a a boost in rates. In the last 3 months, the median rate increased $83 per sqft per year.
Compared to the rest of the San Diego market, the City Heights submarket has higher rates, and you'll need to make a great offer to be in this hot submarket.
In the last 90 days, 13 listings have come on the market, which means new listings might be going fast. You'll want to be prepared to make an offer immediately. About 8% of the office spaces in the City Heights are subleases, so you will probably need to consider the implications of signing a direct lease with the building. There aren't many listings below 2,000 square feet on the market, so finding a space for a small business might be tough.
Even though the median size is 6,500 sqft, there are still 0 office spaces below 2,000 sqft. Most buildings in this market are close to 2 floors. Most buildings in this market were built in 2003 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 area. Commute by motorcycle is the most popular way to get to work amongst City Heights residents. Commuting approximately 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 City Heights.
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