On average, listings lease in the $40's per square foot per year. The Horton Plaza region is experiencing a decrease in rates. In the last 3 months, the median rate decreased $3 per sqft per year. That's a 7% decline in rent.
Compared to the rest of the San Diego market, the Horton Plaza submarket has higher rates, and you'll have to negotiate above asking rent to be in this hot region.
In the last 90 days, 111 listings have been posted online, so you'll want to check back regularly for new listings. About 6% of the available leases in the Horton Plaza 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 available, so finding a space for a small business might be tough.
The standard measurement for office space in this area is around 2,340 sqft. Most buildings in this region are around 20 floors. Most buildings in this market were built in 1984 and are Class A.
This market is fairly equally mixed residential and commercial. Real estate is the dominant industry in this market. Commute by walking is the most popular way to get to work amongst Horton Plaza folk. Commuting between 30 and 45 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 Horton Plaza.
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