Sorrento Valley Retail

Sorrento Valley

Office Space Market Report

Number of Listings (last 90 days)
71
Median Rate ($/sqft/yr)
$28
Median Size (sqft)
2,690
As of: January 19, 2017

Sorrento Valley Rates

The typical asking rate per listing is in the $20's per square foot per year. The Sorrento Valley region is seeing a an increase in rates. In the last 3 months, the median rate rose $4 per sqft per year. That's a 17% increase in rent.

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

Sorrento Valley Listing Supply

In the last 90 days, 77 listings have been made available, so you'll want to check back regularly for new listings. About 6% of the office spaces in the Sorrento Valley are subleases, so you will probably have to consider a longer term lease. There aren't many listings below 2,000 square feet posted, so finding a space for a small business might be tough.

Even though the median size is 3,600 sqft, there are still 0 office spaces below 2,000 sqft. Most buildings in this area are close to 2 floors. Most buildings in this market were built in 1987 and are Class B.

Sorrento Valley Community

Education is the dominant industry in this area. Most of the occupants of Sorrento Valley work from home. Commuting under 5 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 Sorrento Valley.
Market Report

Market Data

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