Sorrento Valley Retail

Sorrento Valley

Office Space Market Report

Number of Listings (last 90 days)
Median Rate ($/sqft/yr)
Median Size (sqft)
As of: October 23, 2016

Sorrento Valley Rates

Most listings are in the $30's per square foot per year. The Sorrento Valley region is going through a a rise in rates. In the last 3 months, the median rate rose $3 per sqft per year. That's a 10% increase in rent.

Compared to the rest of the San Diego market, the Sorrento Valley submarket has more expensive rates, and you'll need to pay a premium to be in this hot region.

Sorrento Valley Listing Supply

In the last 90 days, 36 listings have come on the market, which means new availabilities might be going fast. You'll want to be prepared to tour spaces as quick as possible. About 8% of the available leases in the Sorrento Valley are subleases, so you will probably need to sign a longer term lease with the landlord directly. 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 11,000 sqft, there are still 0 office spaces below 2,000 sqft. Most buildings in this area are around 2 stories. Most buildings in this market were built in 1987 and are Class B.

Sorrento Valley Community

Education is the dominant industry in this region. Most of the residents 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.