Hillcrest Office Space For Lease

3909 Fourth Ave - Space Hillcrest, San Diego, CA  
Sep 08
1,620
sqft
Office Retail

Hillcrest

Market Report

Number of Listings For Lease
Posted in the last 90 days
3
Median Rate ($/sqft/yr)
$40
Median Size (sqft)
3,140

Hillcrest Commercial Real Estate

Find Hillcrest commercial real estate for sale and for lease on 42Floors, the commercial real estate search engine. Listings cover all types of properties including Retail, Office Space, Industrial, Medical and much more. Find a Hillcrest commercial real estate broker in Hillcrest's Top Broker Directory. Learn about Hillcrest commercial real estate trends in 42Floors Research. Learn tips, tricks, and jargon about leasing or buying commercial real estate in 42Floors EDU.

Hillcrest Rates

On average, commerial real estate listings lease in the $30's per square foot per year. The Hillcrest submarket is going through a decline in rates. In the last 3 months, the median rate for lease fell $5 per sqft per year.

Compared to the rest of the San Diego County commercial real estate market, the Hillcrest submarket has higher rates for rent, and you may need to pay a premium to be in this hot submarket.

Hillcrest Listing Supply

In the last 90 days, 95 commercial real estate listings have been listed, so you'll want to check back regularly for new listings. About 1% of the available commercial real estate leases in the Hillcrest 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 on the market, so finding a space for a small business might be tough.

The standard size for office space in this area is around 3,140 sqft. Most properties in this area are around 2 stories. Most buildings in this region were built around 1989 and are Class B.

Hillcrest Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Wholesale trade is the dominant industry in this market. Commute by motorcycle is the most popular way to get to work amongst Hillcrest residents. Commuting close to 30 minutes 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 Hillcrest.
Research