The typical asking rate per listing is in the $40's per square foot per year. The Core-Columbia submarket is seeing a a boost in rates. In the last 3 months, the median rate went up $1 per sqft per year. That's a 2% increase in rent.
Compared to the rest of the San Diego market, the Core-Columbia submarket has more expensive rates, and you'll need to pay a premium to be in this hot submarket.
In the last 90 days, 58 listings have been posted online, so you'll want to check back regularly for new listings. About 71% of the available leases in the Core-Columbia are subleases, so you might be able to find a shorter term or below market rent. 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 3,370 sqft, there are still 0 new availabilities below 2,000 sqft. Most buildings in this area are close to 20 stories. Most buildings in this area were built in 1980 and are Class B.
This market is fairly equally mixed residential and commercial. Information is the dominant industry in this region. Commute by bike is the most popular way to get to work amongst Core-Columbia residents. Commuting between 30 and 45 minutes a day is the norm for those who opt to reside in this part of town.