On average, listings lease in the $30's per square foot per year. The Torrey Pines region is experiencing a an increase in rates. In the last 3 months, the median rate increased $40 per sqft per year.
Compared to the rest of the San Diego market, the Torrey Pines region has greater rates, and you'll need to make a great offer to be in this hot submarket.
In the last 90 days, 0 listings have been made available, which means listings are probably going fast. You'll want to be prepared to make an offer immediately. About Inf% of the office spaces in the Torrey Pines are subleases, so you might be able to snag a great spot on a short term. There aren't many listings below 2,000 square feet available, so finding a space for a small business might be tough.
The standard measurement for office space in this area is around 1,100 sqft. Most properties in this region are close to 2 floors. Most buildings in this area were built in 1986 and are Class A.
Waste services is the dominant industry in this market. Commute by walking is the most popular way to get to work amongst Torrey Pines occupants. Commuting between 30 and 45 minutes a day is the norm for those who opt to reside in this part of town.