On average, listings lease in the $30's per square foot per year. The Mission Valley West region is experiencing a a boost in rates. In the last 3 months, the median rate increased $7 per sqft per year. That's a 28% increase in rent.
Compared to the rest of the San Diego market, the Mission Valley West submarket has higher rates, and you'll need to pay a premium to be in this hot region.
In the last 90 days, 6 listings have come on the market, which means leases are probably going fast. 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 1,940 sqft. Most properties in this market are around 3 stories. Most buildings in this market were built in 1973 and are Class B.
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 area. Most of the folk of Mission Valley West work from home. Commuting more than an hour and a half a day is the norm for those who opt to reside in this part of town.