The typical asking rate per listing is in the $30's per square foot per year. The Hillcrest submarket is seeing a a boost in rates. In the last 3 months, the median rate rose $40 per sqft per year.
Compared to the rest of the San Diego market, the Hillcrest region has greater rates, and you'll have to negotiate above asking rent to be in this hot submarket.
In the last 90 days, 12 listings have been made available, which means leases most likley are leasing quickly. You'll want to be prepared to make an offer immediately. About 117% of the available leases in the Hillcrest are subleases, so you might be able to find a shorter term or below market rent. 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 2,600 sqft, there are still 0 spaces below 2,000 sqft. Most properties in this region are around 2 floors. Most buildings in this area were built in 1991 and are Class B.
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 residents. Commuting approximately 30 minutes a day is the norm for those who opt to reside in this part of town.