On average, listings lease in the $40's per square foot per year. The La Jolla Shores region is seeing a decrease in rates. In the last 3 months, the median rate decreased $4 per sqft per year. That's a 8% decrease in rent.
Compared to the rest of the San Diego market, the La Jolla Shores region has higher rates, and you'll need to make a great offer to be in this hot region.
In the last 90 days, 4 listings have been listed, which means leases are probably leasing quickly. You'll want to be prepared to make an offer immediately. 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 measurement for office space in this area is around 1,740 sqft.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Real estate is the dominant industry in this market. Commute by bike is the most popular way to get to work amongst La Jolla Shores occupants. 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 La Jolla Shores.
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