On average, listings lease in the $40's per square foot per year. The La Jolla Shores region is seeing a decrease in rates. In the last 3 months, the median rate fell $4 per sqft per year. That's a 8% decrease in rent.
Compared to the rest of the San Diego market, the La Jolla Shores submarket has greater rates, and you'll need to make a great offer to be in this hot region.
In the last 90 days, 2 listings have been posted online, which means new listings might be leasing quickly. You'll want to be prepared to tour spaces as quick as possible. 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 1,740 sqft.
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 bike is the most popular way to get to work amongst La Jolla Shores folk. Commuting close to an hour and a half a day is the norm for those who opt to reside in this part of town.