On average, listings lease in the $60's per square foot per year. The Village submarket is going through a a boost in rates. In the last 3 months, the median rate rose $24 per sqft per year. That's a 60% increase in rent.
Compared to the rest of the San Diego market, the Village submarket has higher rates, and you'll need to make a great offer to be in this hot region.
In the last 90 days, 17 listings have been listed, which means new availabilities are probably going fast. You'll want to be prepared to tour spaces as quick as possible. About 59% of the office spaces in the Village are subleases, so you might be able to sign a shorter term by taking over a previous lease. There aren't many listings below 2,000 square feet on the market, so finding a space for a small business might be tough.
Even though the median size is 2,570 sqft, there are still 0 new listings below 2,000 sqft. Most buildings in this market are close to 3 stories. Most buildings in this area were built in 1982 and are Class B.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Finance and insurance are the dominant industries in this region. Commute by public transit is the most popular way to get to work amongst Village folk. Commuting approximately an hour and a half a day is the norm for those who opt to reside in this part of town.