The typical asking rate per listing is in the $40's per square foot per year. The Gaslamp submarket is going through a an increase in rates. In the last 3 months, the median rate increased $47 per sqft per year.
Compared to the rest of the San Diego market, the Gaslamp region has higher rates, and you'll need to make a great offer to be in this hot submarket.
In the last 90 days, 1 listings have been posted online, which means new availabilities most likley are going fast. You'll want to be prepared to tour spaces as quick as possible. There aren't many listings below 2,000 square feet available, so finding a space for a small business might be tough.
Even though the median size is 4,700 sqft, there are still 0 listings below 2,000 sqft. Most buildings in this market are close to 3 stories. Most buildings in this market were built in 1911 and are Class B.
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 market. Commute by motorcycle is the most popular way to get to work amongst Gaslamp occupants. Commuting approximately 10 minutes a day is the norm for those who opt to reside in this part of town.