On average, listings lease in the $50's per square foot per year. The Solana Beach submarket is seeing a decrease in rates. In the last 3 months, the median rate decreased $10 per sqft per year. That's a 14% decline in rent.
Compared to the rest of the San Diego market, the Solana Beach submarket has more expensive rates, and you'll need to make a great offer to be in this hot region.
In the last 90 days, 6 listings have come on the market, which means new listings might be leasing quickly. You'll want to be prepared to make an offer immediately. About 183% of the office spaces in the Solana Beach are subleases, so you might be able to sign a shorter term by taking over a previous lease. There aren't many listings below 2,000 square feet on the market, so finding a space for a small business might be tough.
The standard measurement for office space in this area is around 1,620 sqft. Most properties in this region are approximately 2 floors. Most buildings in this region were built in 1988 and are Class A.