On average, listings lease in the $20's per square foot per year. The Core-Columbia submarket is experiencing a decrease in rates. In the last 3 months, the median rate fell $13 per sqft per year. That's a 31% decrease in rent.
Compared to the rest of the San Diego market, the Core-Columbia submarket has less expensive rates, so you should have no trouble finding a great deal in this undervalued submarket.
In the last 90 days, 16 listings have been listed, which means spaces are probably going fast. You'll want to be prepared to tour spaces as quick as possible. 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 3,070 sqft, there are still 0 listings below 2,000 sqft. Most buildings in this market are around 21 stories. Most buildings in this region were built in 1980 and are Class B.
This area is fairly equally mixed residential and commercial. Information is the dominant industry in this area. Commute by bike is the most popular way to get to work amongst Core-Columbia residents. Commuting between 30 and 45 minutes a day is the norm for those who opt to reside in this part of town.