Most listings are in the $40's per square foot per year. The Little Italy submarket is experiencing a an increase in rates. In the last 3 months, the median rate increased $49 per sqft per year.
Compared to the rest of the San Diego market, the Little Italy submarket has higher rates, and you'll have to negotiate above asking rent to be in this hot region.
In the last 90 days, 12 listings have been made available, which means new listings most likley are going fast. You'll want to be prepared to tour spaces as quick as possible. About 67% of the available leases in the Little Italy are subleases, so you might be able to snag a great spot on a short term. 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 5,000 sqft, there are still 0 spaces below 2,000 sqft. Most buildings in this area are approximately 4 stories. Most buildings in this market were built in 1985 and are Class B.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Construction is the dominant industry in this region. Commute by public transit is the most popular way to get to work amongst Little Italy folk. Commuting between 30 and 45 minutes a day is the norm for those who opt to reside in this part of town.