The typical asking rate per listing is in the $20's per square foot per year. The Loma Alta region is experiencing a decline in rates. In the last 3 months, the median rate fell $4 per sqft per year. That's a 16% decline in rent.
Compared to the rest of the San Diego market, the Loma Alta submarket has lower rates, so you should have no trouble finding a great deal in this discounted submarket.
In the last 90 days, 17 listings have been made available, which means listings are probably going fast. 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 2,700 sqft, there are still 0 new listings below 2,000 sqft. Most buildings in this region are around 1 stories. Most buildings in this market were built in 1983 and are Class B.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Real estate is the dominant industry in this region. Commute by car is the most popular way to get to work amongst Loma Alta residents. Commuting between 20 and 25 minutes a day is the norm for those who opt to reside in this part of town.