University City Office Space

4660 La Jolla Village Dr Unit (Private and Team Suites Available) (Floor 5)
University City, San Diego, CA
Everything you’d expect to find in a modern office, without the hassle of management and maintenance. Furnished suites from for one person or an entire team (up to 100 users) -All-inclusive services -Receptionist to greet guests -Communal kitchen with tea and coffee making facilities -Business lounge and smaller break-out areas -All utility costs included -Office cleaning and maintenance -24/7 building security The University Town Center is situated inside one of two beautiful high-rise buildings at the heart of the desirable 'Golden Triangle' north of San Diego. Featuring an eye-catching exterior of ground-level to roof windows, it provides a deli with courtyard seating and gym with panaromic views. The center on La Jolla Village Drive is minutes from the University of California's huge San Diego (UCSD) campus. The education sector is one the largest local employers, along with the US navy, which has one of it many bases nearby. Other mainstays of the city's economy are well represented close to the center by the presence of finance, banking and hi-tech computer and bioscience companies. Encouraged by UCSD and other research institutes, hundreds of biotech and pharmaceutical facilities have sprung up in San Diego itself and areas like La Jolla and University City. The general healthcare sector is also big business in the region. The center boasts an impressive lobby, is close to Interstate 805 and Lindbergh Field International Airport.

University City

Office Space Market Report

Number of Listings (last 90 days)
42
Median Rate ($/sqft/yr)
$44
Median Size (sqft)
3,250
As of: March 30, 2017

University City Rates

Most listings are in the $40's per square foot per year. The University City region is seeing a decline in rates. In the last 3 months, the median rate decreased $2 per sqft per year. That's a 5% decrease in rent.

Compared to the rest of the San Diego market, the University City submarket has higher rates, and you'll have to negotiate above asking rent to be in this hot region.

University City Listing Supply

In the last 90 days, 42 listings have been listed, so you'll want to check back regularly for new listings. About 2% of the office spaces in the University City are subleases, so you will probably need to consider the implications of signing a direct lease with the building. 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 3,490 sqft, there are still 0 office spaces below 2,000 sqft. Most buildings in this market are close to 3 stories. Most buildings in this area were built in 1988 and are Class A.

University City Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Information is the dominant industry in this region. Commute by walking is the most popular way to get to work amongst University City residents. Commuting close to 20 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 University City.
Market Report

Market Data

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