Otay Mesa Retail

Otay Mesa

Office Space Market Report

Number of Listings (last 90 days)
16
Median Rate ($/sqft/yr)
$29
Median Size (sqft)
980
As of: June 23, 2017

Otay Mesa Rates

The typical asking rate per listing is in the $20's per square foot per year. The Otay Mesa submarket is experiencing a a rise in rates. In the last 3 months, the median rate went up $29 per sqft per year.

Compared to the rest of the San Diego market, the Otay Mesa submarket has less expensive rates, so you should have no trouble finding a great deal in this depreciated submarket.

Otay Mesa Listing Supply

In the last 90 days, 16 listings have come on the market, which means listings might be leasing quickly. You'll want to be prepared to make an offer immediately. About 69% of the available leases in the Otay Mesa 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 posted, so finding a space for a small business might be tough.

The standard measurement for office space in this area is around 980 sqft. Most properties in this area are approximately 2 stories. Most buildings in this region were built in 1989 and are Class A.

Otay Mesa Community

This market is fairly equally mixed residential and commercial. Health care is the dominant industry in this region. Commute by car is the most popular way to get to work amongst Otay Mesa folk. Commuting approximately 20 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 Otay Mesa.
Market Report

Market Data

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