Village Office Space

Village

Office Space Market Report

Number of Listings (last 90 days)
17
Median Rate ($/sqft/yr)
$40
Median Size (sqft)
1,760
As of: March 12, 2017

Village Rates

The typical asking rate per listing is in the $30's per square foot per year. The Village submarket is going through a decline in rates. In the last 3 months, the median rate fell $63 per sqft per year. That's a 62% decline in rent.

Compared to the rest of the San Diego market, the Village region has more expensive rates, and you'll need to pay a premium to be in this hot region.

Village Listing Supply

In the last 90 days, 17 listings have been listed, which means listings most likley are going fast. You'll want to be prepared to make an offer immediately. About 6% of the available space in the Village are subleases, so you will probably have to focus your search on direct office leases. There aren't many listings below 2,000 square feet available, so finding a space for a small business might be tough.

The standard measurement for office space in this area is around 1,760 sqft. Most buildings in this market are around 3 floors. Most buildings in this area were built in 1980 and are Class B.

Village Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Finance and insurance are the dominant industries in this region. Commute by public transit is the most popular way to get to work amongst Village occupants. Commuting approximately an hour and a half 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 Village.
Market Report

Market Data

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