The typical asking rate per listing is in the $20's per square foot per year. The Sorrento Valley submarket is going through a an increase in rates. In the last 3 months, the median rate increased $29 per sqft per year.
Compared to the rest of the San Diego market, the Sorrento Valley region has less expensive rates, so you should have no trouble finding a great deal in this undervalued region.
In the last 90 days, 79 listings have come on the market, so you'll want to check back regularly for new listings. About 141% of the available leases in the Sorrento Valley are subleases, so you might be able to find a shorter term or below market rent. 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 5,410 sqft, there are still 0 spaces below 2,000 sqft. Most properties in this region are approximately 2 stories. Most buildings in this market were built in 1987 and are Class B.
Education is the dominant industry in this region. Most of the occupants of Sorrento Valley work from home. Commuting under 5 minutes a day is the norm for those who opt to reside in this part of town.