On average, listings lease in the $40's per square foot per year. The Old Town region is going through a a boost in rates. In the last 3 months, the median rate increased $42 per sqft per year.
Compared to the rest of the San Diego market, the Old Town submarket has greater rates, and you'll need to pay a premium to be in this hot submarket.
In the last 90 days, 9 listings have been made available, which means spaces 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 posted, so finding a space for a small business might be tough.
The standard measurement for office space in this area is around 1,250 sqft. Most properties in this area are around 2 stories. Most buildings in this region were built in 1977 and are Class B.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Health care is the dominant industry in this market. Commute by public transit is the most popular way to get to work amongst Old Town residents. Commuting between 30 and 45 minutes a day is the norm for those who opt to reside in this part of town.