Midway District Industrial

Midway District

Market Report

Number of Listings
Posted in the last 90 days
4
Median Rate ($/sqft/yr)
$55
Median Size (sqft)
25,790

Midway District Rates

On average, listings lease in the $50's per square foot per year. The Midway District region is seeing a a boost in rates. In the last 3 months, the median rate increased $4 per sqft per year. That's a 8% rise in rent.

Compared to the rest of the San Diego market, the Midway District region has greater rates, and you'll have to negotiate above asking rent to be in this hot region.

Midway District Listing Supply

In the last 90 days, 95 listings have been listed, so you'll want to check back regularly for new listings. About 4% of the available space in the Midway District 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 available, so finding a space for a small business might be tough.

Even though the median size is 25,790 sqft, there are still 0 new availabilities below 2,000 sqft. Most properties in this region are around 2 floors. Most buildings in this market were built in 1971 and are Class A.

Midway District Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Finance and insurance are the dominant industries in this market. Commute by motorcycle is the most popular way to get to work amongst Midway District occupants. Commuting close to an hour and a half a day is the norm for those who opt to reside in this part of town.

Market Data

Real time and historical data on commercial real estate listings in Midway District.
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