Little Italy Sublease

Little Italy

Office Space Market Report

Number of Listings (last 90 days)
12
Median Rate ($/sqft/yr)
$49
Median Size (sqft)
5,000
As of: June 22, 2017

Little Italy Rates

Most listings are in the $40's per square foot per year. The Little Italy region is seeing a an increase in rates. In the last 3 months, the median rate rose $49 per sqft per year.

Compared to the rest of the San Diego market, the Little Italy submarket has higher rates, and you'll have to negotiate above asking rent to be in this hot submarket.

Little Italy Listing Supply

In the last 90 days, 12 listings have been listed, which means office spaces most likley are going fast. You'll want to be prepared to tour spaces as quick as possible. About 67% of the office spaces in the Little Italy 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 posted, so finding a space for a small business might be tough.

Even though the median size is 5,000 sqft, there are still 0 office spaces below 2,000 sqft. Most properties in this area are around 4 floors. Most buildings in this region were built in 1985 and are Class B.

Little Italy Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Construction is the dominant industry in this region. Commute by public transit is the most popular way to get to work amongst Little Italy occupants. Commuting between 30 and 45 minutes 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 Little Italy.
Market Report

Market Data

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