Most listings are in the $40's per square foot per year. The Torrey Pines region is seeing a an increase in rates. In the last 3 months, the median rate went up $1 per sqft per year. That's a 2% increase in rent.
Compared to the rest of the San Diego market, the Torrey Pines submarket has higher rates, and you'll have to negotiate above asking rent to be in this hot region.
In the last 90 days, 0 listings have been posted online, which means leases most likley are going fast. You'll want to be prepared to make an offer immediately. About Inf% of the office spaces in the Torrey Pines 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 posted, so finding a space for a small business might be tough.
Even though the median size is 11,040 sqft, there are still 0 office spaces below 2,000 sqft. Most buildings in this area are close to 2 stories. Most buildings in this market were built in 1986 and are Class A.
Waste services is the dominant industry in this area. Commute by walking is the most popular way to get to work amongst Torrey Pines occupants. Commuting between 30 and 45 minutes a day is the norm for those who opt to reside in this part of town.