On average, listings lease in the $0's per square foot per year. The Otay Mesa submarket is seeing a decline in rates. In the last 3 months, the median rate decreased $16 per sqft per year. That's a 100% decrease in rent.
In the last 90 days, 8 listings have been posted online, which means listings are probably going fast. You'll want to be prepared to make an offer immediately. There aren't many listings below 2,000 square feet available, so finding a space for a small business might be tough.
Even though the median size is 3,130 sqft, there are still 0 office spaces below 2,000 sqft. Most properties in this area are close to 2 stories. Most buildings in this market were built in 1989 and are Class A.
This area is fairly equally mixed residential and commercial. Health care is the dominant industry in this region. Commute by car is the most popular way to get to work amongst Otay Mesa residents. Commuting around 20 minutes a day is the norm for those who opt to reside in this part of town.