Most listings are in the $20's per square foot per year. The Hillcrest region is seeing a decrease in rates. In the last 3 months, the median rate fell $13 per sqft per year. That's a 34% decline in rent.
Compared to the rest of the San Diego market, the Hillcrest region has less expensive rates, so you should have no trouble finding a great deal in this discounted submarket.
In the last 90 days, 10 listings have been listed, which means new availabilities are probably leasing quickly. You'll want to be prepared to make an offer immediately. 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 2,470 sqft. Most buildings in this area are around 2 stories. Most buildings in this region were built in 1991 and are Class B.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Wholesale trade is the dominant industry in this market. Commute by motorcycle is the most popular way to get to work amongst Hillcrest occupants. Commuting approximately 30 minutes a day is the norm for those who opt to reside in this part of town.