The typical asking rate per listing is in the $20's per square foot per year. The Downtown Escondido submarket is seeing a decrease in rates. In the last 3 months, the median rate fell $5 per sqft per year. That's a 15% decline in rent.
Compared to the rest of the San Diego market, the Downtown Escondido submarket has smaller rates, so you should have no trouble finding a great deal in this depreciated submarket.
In the last 90 days, 27 listings have been listed, which means office spaces might be leasing quickly. You'll want to be prepared to make an offer immediately. There aren't many listings below 2,000 square feet on the market, 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 properties in this market are approximately 2 floors. Most buildings in this market were built in 1974 and are Class B.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Construction is the dominant industry in this market. Commute by public transit is the most popular way to get to work amongst Downtown Escondido occupants. Commuting between 30 and 45 minutes a day is the norm for those who opt to reside in this part of town.