On average, listings lease in the $40's per square foot per year. The Central Escondido region is seeing a a boost in rates. In the last 3 months, the median rate increased $15 per sqft per year. That's a 59% rise in rent.
Compared to the rest of the San Diego market, the Central Escondido region has greater rates, and you'll have to negotiate above asking rent to be in this hot submarket.
In the last 90 days, 33 listings have been listed, which means listings might be 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.
Even though the median size is 2,680 sqft, there are still 0 office spaces below 2,000 sqft. Most buildings in this area are around 2 stories. Most buildings in this region were built in 1980 and are Class A.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Professional services is the dominant industry in this area. Commute by motorcycle is the most popular way to get to work amongst Central Escondido residents. Commuting between 30 and 45 minutes a day is the norm for those who opt to reside in this part of town.