Village Retail

Village

Office Space Market Report

Number of Listings (last 90 days)
13
Median Rate ($/sqft/yr)
$50
Median Size (sqft)
1,760
As of: February 24, 2017

Village Rates

On average, listings lease in the $40's per square foot per year. The Village region is seeing a a boost in rates. In the last 3 months, the median rate went up $6 per sqft per year. That's a 15% increase in rent.

Compared to the rest of the San Diego market, the Village region has greater rates, and you'll need to pay a premium to be in this hot region.

Village Listing Supply

In the last 90 days, 13 listings have been posted online, which means office spaces most likley are going fast. You'll want to be prepared to make an offer immediately. About 8% of the available space in the Village are subleases, so you will probably need to consider the implications of signing a direct lease with the building. 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 1,760 sqft. Most properties in this market are close to 3 floors. Most buildings in this region were built in 1980 and are Class B.

Village Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Finance and insurance are the dominant industries in this area. Commute by public transit is the most popular way to get to work amongst Village residents. Commuting around an hour and a half 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 Village.
Market Report

Market Data

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