Hillcrest Retail

Hillcrest

Office Space Market Report

Number of Listings (last 90 days)
12
Median Rate ($/sqft/yr)
$40
Median Size (sqft)
2,600
As of: May 23, 2017

Hillcrest Rates

On average, listings lease in the $30's per square foot per year. The Hillcrest submarket is going through a a boost in rates. In the last 3 months, the median rate increased $2 per sqft per year. That's a 6% increase in rent.

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

Hillcrest Listing Supply

In the last 90 days, 12 listings have been made available, which means new availabilities might be going fast. 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.

Even though the median size is 2,600 sqft, there are still 0 spaces below 2,000 sqft. Most buildings in this region are around 2 floors. Most buildings in this area were built in 1991 and are Class B.

Hillcrest Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Wholesale trade is the dominant industry in this region. Commute by motorcycle is the most popular way to get to work amongst Hillcrest occupants. Commuting close to 30 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 Hillcrest.
Market Report

Market Data

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