The typical asking rate per listing is in the $40's per square foot per year. The University City region is experiencing a a boost in rates. In the last 3 months, the median rate went up $2 per sqft per year. That's a 5% rise in rent.
Compared to the rest of the San Diego market, the University City submarket has higher rates, and you'll need to pay a premium to be in this hot submarket.
In the last 90 days, 61 listings have been made available, so you'll want to check back regularly for new listings. About 2% of the available leases in the University City are subleases, so you will probably have to consider a longer term 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.
Even though the median size is 3,500 sqft, there are still 0 new availabilities below 2,000 sqft. Most properties in this market are around 3 floors. Most buildings in this market were built in 1988 and are Class A.
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 area. Commute by walking is the most popular way to get to work amongst University City occupants. Commuting approximately 20 minutes a day is the norm for those who opt to reside in this part of town.