Most listings are in the $40's per square foot per year. The Torrey Preserve region is seeing a a boost in rates. In the last 3 months, the median rate went up $10 per sqft per year. That's a 33% increase in rent.
Compared to the rest of the San Diego market, the Torrey Preserve region has greater rates, and you'll need to make a great offer to be in this hot submarket.
In the last 90 days, 14 listings have been listed, which means office spaces most likley are leasing quickly. You'll want to be prepared to make an offer immediately. About 29% of the office spaces in the Torrey Preserve 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.
Even though the median size is 3,460 sqft, there are still 0 office spaces below 2,000 sqft. Most properties in this area are approximately 1 floors. Most buildings in this area were built in 1978 and are Class B.
Health care is the dominant industry in this market. Most of the occupants of Torrey Preserve work from home. Commuting between 20 and 25 minutes a day is the norm for those who opt to reside in this part of town.