On average, listings lease in the $60's per square foot per year. The Village region is going through a a rise in rates. In the last 3 months, the median rate went up $16 per sqft per year. That's a 33% increase in rent.
Compared to the rest of the San Diego market, the Village region has greater rates, and you'll need to make a great offer to be in this hot submarket.
In the last 90 days, 97 listings have come on the market, so you'll want to check back regularly for new listings. About 10% of the listings in the Village are subleases, so you might be able to find a shorter term or below market rent. 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 2,570 sqft, there are still 0 spaces below 2,000 sqft. Most buildings in this region are close to 3 floors. Most buildings in this region were built in 1982 and are Class B.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Finance and insurance are the dominant industries in this region. Commute by public transit is the most popular way to get to work amongst Village residents. Commuting close to 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 Village.
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