Most listings are in the $40's per square foot per year. The University City submarket is experiencing a decrease in rates. In the last 3 months, the median rate decreased $6 per sqft per year. That's a 11% decline in rent.
Compared to the rest of the San Diego market, the University City region has more expensive rates, and you'll need to make a great offer to be in this hot region.
In the last 90 days, 42 listings have come on the market, so you'll want to check back regularly for new listings. About 5% of the available space in the University City are subleases, so you will probably need to sign a longer term lease with the landlord directly. 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 4,190 sqft, there are still 0 new availabilities below 2,000 sqft. Most properties in this area are approximately 3 stories. Most buildings in this area were built in 1988 and are Class A.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Information is the dominant industry in this market. Commute by walking is the most popular way to get to work amongst University City folk. Commuting around 20 minutes a day is the norm for those who opt to reside in this part of town.