Gaslamp Office Space

Gaslamp

Office Space Market Report

Number of Listings (last 90 days)
20
Median Rate ($/sqft/yr)
$39
Median Size (sqft)
1,980
As of: June 28, 2017

Gaslamp Rates

On average, listings lease in the $30's per square foot per year. The Gaslamp region is experiencing a a boost in rates. In the last 3 months, the median rate increased $39 per sqft per year.

Compared to the rest of the San Diego market, the Gaslamp submarket has greater rates, and you'll need to pay a premium to be in this hot region.

Gaslamp Listing Supply

In the last 90 days, 20 listings have been made available, which means new listings most likley are going fast. You'll want to be prepared to make an offer immediately. About 20% of the available leases in the Gaslamp 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.

The standard measurement for office space in this area is around 1,980 sqft. Most buildings in this area are approximately 3 floors. Most buildings in this region were built in 1911 and are Class B.

Gaslamp Community

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 motorcycle is the most popular way to get to work amongst Gaslamp residents. Commuting close to 10 minutes a day is the norm for those who opt to reside in this part of town.

Market Report

Trends and status of the commercial real estate market in Gaslamp.
Market Report

Market Data

Real time and historical data on commercial real estate listings in Gaslamp.
Research