Most listings are in the $40's per square foot per year. The University City submarket is going through a a rise in rates. In the last 3 months, the median rate rose $2 per sqft per year. That's a 5% rise in rent.
Compared to the rest of the San Diego market, the University City submarket has more expensive rates, and you'll have to negotiate above asking rent to be in this hot submarket.
In the last 90 days, 806 listings have been listed, so you'll want to check back regularly for new listings. About 4% of the office spaces in the University City are subleases, so you will probably have to consider a longer term lease. 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 4,990 sqft, there are still 0 listings below 2,000 sqft. Most buildings in this region are around 3 floors. Most buildings in this region were built in 1988 and are Class A.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Information is the dominant industry in this area. Commute by walking is the most popular way to get to work amongst University City occupants. Commuting around 20 minutes 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 University City.
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