Midway District Retail

Midway District

Office Space Market Report

Number of Listings (last 90 days)
95
Median Rate ($/sqft/yr)
$55
Median Size (sqft)
2,150
As of: August 22, 2017

Midway District Rates

On average, listings lease in the $50's per square foot per year. The Midway District submarket is going through a a rise in rates. In the last 3 months, the median rate increased $4 per sqft per year. That's a 8% increase in rent.

Compared to the rest of the San Diego market, the Midway District region has greater rates, and you'll need to make a great offer to be in this hot submarket.

Midway District Listing Supply

In the last 90 days, 19 listings have been listed, which means office spaces most likley are going fast. You'll want to be prepared to make an offer immediately. About 21% of the available space in the Midway District are subleases, so you might be able to sign a shorter term by taking over a previous lease. There aren't many listings below 2,000 square feet posted, so finding a space for a small business might be tough.

The standard measurement for office space in this area is around 2,150 sqft. Most buildings in this market are approximately 2 stories. Most buildings in this region were built in 1971 and are Class A.

Midway District 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 area. Commute by motorcycle is the most popular way to get to work amongst Midway District occupants. Commuting around 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 Midway District.
Market Report

Market Data

Real time and historical data on commercial real estate listings in Midway District.
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