On average, listings lease in the $10's per square foot per year. The College East submarket is seeing a decrease in rates. In the last 3 months, the median rate decreased $10 per sqft per year. That's a 32% decline in rent.
Compared to the rest of the San Diego market, the College East region has smaller rates, so you should have no trouble finding a great deal in this undervalued submarket.
In the last 90 days, 2 listings have been listed, which means spaces most likley are leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About 50% of the available leases in the College East 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 1,130 sqft. Most buildings in this area are approximately 4 stories. Most buildings in this market were built in 1969 and are Class B.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Public administration is the dominant industry in this market. Commute by walking is the most popular way to get to work amongst College East folk. Commuting close to 15 minutes a day is the norm for those who opt to reside in this part of town.