The typical asking rate per listing is in the $60's per square foot per year. The Torrey Preserve submarket is seeing a a boost in rates. In the last 3 months, the median rate increased $20 per sqft per year. That's a 48% increase in rent.
Compared to the rest of the San Diego market, the Torrey Preserve submarket has more expensive rates, and you'll need to pay a premium to be in this hot region.
In the last 90 days, 75 listings have been listed, so you'll want to check back regularly for new listings. About 5% of the listings in the Torrey Preserve 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.
Even though the median size is 6,180 sqft, there are still 0 office spaces below 2,000 sqft. Most properties in this area are close to 1 floors. Most buildings in this area were built in 1978 and are Class B.
Health care is the dominant industry in this market. Most of the occupants of Torrey Preserve work from home. Commuting between 20 and 25 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 Torrey Preserve.
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