Most listings are in the $20's per square foot per year. The Sorrento Valley submarket is experiencing a decrease in rates. In the last 3 months, the median rate fell $2 per sqft per year. That's a 9% decline in rent.
Compared to the rest of the San Diego market, the Sorrento Valley submarket has lower rates, so you should have no trouble finding a great deal in this undervalued region.
In the last 90 days, 77 listings have been posted online, so you'll want to check back regularly for new listings. About 9% of the listings in the Sorrento Valley are subleases, so you will probably have to focus your search on direct office leases. 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 2,880 sqft, there are still 0 listings below 2,000 sqft. Most properties in this region are close to 2 stories. Most buildings in this region were built in 1987 and are Class B.
Education is the dominant industry in this market. Most of the residents of Sorrento Valley work from home. Commuting under 5 minutes a day is the norm for those who opt to reside in this part of town.