The typical asking rate per listing is in the $30's per square foot per year. The Mission Valley West region is seeing a decrease in rates. In the last 3 months, the median rate decreased $2 per sqft per year. That's a 5% decline in rent.
Compared to the rest of the San Diego market, the Mission Valley West region has lower rates, so you should have no trouble finding a great deal in this discounted submarket.
In the last 90 days, 120 listings have been posted online, so you'll want to check back regularly for new listings. About 14% of the listings in the Mission Valley West are subleases, so you might be able to snag a great spot on a short term. 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 4,160 sqft, there are still 0 new availabilities below 2,000 sqft. Most properties in this area are around 3 stories. Most buildings in this area were built in 1975 and are Class B.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Construction is the dominant industry in this region. Most of the occupants of Mission Valley West work from home. 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 Mission Valley West.
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