On average, listings lease in the $30's per square foot per year. The East Chula Vista submarket is experiencing a decline in rates. In the last 3 months, the median rate decreased $48 per sqft per year. That's a 60% decrease in rent.
Compared to the rest of the San Diego market, the East Chula Vista region has greater rates, and you'll need to pay a premium to be in this hot region.
In the last 90 days, 21 listings have come on the market, which means listings might be 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 2,950 sqft, there are still 0 office spaces below 2,000 sqft. Most properties in this market are around 2 floors. Most buildings in this area were built in 2005 and are Class B.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Health care is the dominant industry in this market. Commute by bike is the most popular way to get to work amongst East Chula Vista folk. Commuting between 20 and 25 minutes a day is the norm for those who opt to reside in this part of town.