Most listings are in the $40's per square foot per year. The University City region is seeing a decline in rates. In the last 3 months, the median rate decreased $2 per sqft per year. That's a 5% decrease in rent.
Compared to the rest of the San Diego market, the University City submarket has higher rates, and you'll have to negotiate above asking rent to be in this hot region.
In the last 90 days, 42 listings have been listed, so you'll want to check back regularly for new listings. About 2% of the office spaces in the University City are subleases, so you will probably need to consider the implications of signing a direct lease with the building. There aren't many listings below 2,000 square feet posted, so finding a space for a small business might be tough.
Even though the median size is 3,490 sqft, there are still 0 office spaces below 2,000 sqft. Most buildings in this market are close to 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 region. Commute by walking is the most popular way to get to work amongst University City residents. Commuting close to 20 minutes a day is the norm for those who opt to reside in this part of town.