Most listings are in the $20's per square foot per year. The Bay Ho region is experiencing a decline in rates. In the last 3 months, the median rate fell $13 per sqft per year. That's a 35% decrease in rent.
Compared to the rest of the San Diego market, the Bay Ho submarket has lower rates, so you should have no trouble finding a great deal in this undervalued submarket.
In the last 90 days, 17 listings have been listed, which means leases are probably 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.
The standard measurement for office space in this area is around 1,450 sqft. Most properties in this region are approximately 3 stories. Most buildings in this market 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. Education is the dominant industry in this market. Commute by public transit is the most popular way to get to work amongst Bay Ho occupants. Commuting more than an hour and a half a day is the norm for those who opt to reside in this part of town.