Sorrento Valley Commercial Real Estate For Lease

Sorrento Valley

Market Report

Number of Listings For Lease
Posted in the last 90 days
35
Median Rate ($/sqft/yr)
$29
Median Size (sqft)
650

Sorrento Valley Commercial Real Estate

Find Sorrento Valley 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 Sorrento Valley commercial real estate broker in Sorrento Valley's Top Broker Directory. Learn about Sorrento Valley commercial real estate trends in 42Floors Research. Learn tips, tricks, and jargon about leasing or buying commercial real estate in 42Floors EDU.

Sorrento Valley Rates

Most commerial real estate listings for lease are in the $20's per square foot per year. The Sorrento Valley submarket is going through a decrease in rates. In the last 3 months, the median rate for lease fell $4 per sqft per year.

Compared to the rest of the San Diego County commercial real estate market, the Sorrento Valley region has lower rates, so you should have no trouble finding a great deal in this undervalued region.

Sorrento Valley Listing Supply

In the last 90 days, 817 commercial real estate listings have been listed, so you'll want to check back regularly for new listings. About 0% of the commercial real estate listings in the Sorrento Valley are subleases, so you will probably need to consider the implications of signing a direct lease with the building. 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 2,330 sqft. Most properties in this market are close to 2 stories. Most buildings in this region were built close to 1987 and are Class B.

Sorrento Valley Community

Education is the dominant industry in this region. Most of the residents of Sorrento Valley work from home. Commuting under 5 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 Sorrento Valley.
Research