On average, listings lease in the $40's per square foot per year. The East Village submarket is experiencing a an increase in rates. In the last 3 months, the median rate went up $48 per sqft per year.
Compared to the rest of the San Diego market, the East Village submarket has higher rates, and you'll have to negotiate above asking rent to be in this hot region.
In the last 90 days, 24 listings have been posted online, which means leases most likley are leasing quickly. You'll want to be prepared to make an offer immediately. About 96% of the listings in the East Village are subleases, so you might be able to sign a shorter term by taking over a previous lease. There aren't many listings below 2,000 square feet posted, so finding a space for a small business might be tough.
Even though the median size is 16,700 sqft, there are still 0 listings below 2,000 sqft. Most buildings in this region are close to 3 stories. Most buildings in this market were built in 2006 and are Class A.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Arts, entertainment, and restaurants are the dominant industries in this area. Commute by walking is the most popular way to get to work amongst East Village occupants. Commuting between 20 and 25 minutes a day is the norm for those who opt to reside in this part of town.