Northern San Diego Sublease

5405 Morehouse Unit 120 (Floor 1)
Sorrento Valley, San Diego, CA
Consider this beautiful suite in a centrally located, easily accessible location that is 10 minutes from La Jolla, Del Mar, Carmel Valley, Solana Beach, and Rancho Penasquitos. it offers an unmatched opportunity to grow your practice. Rents are lower, so you’ll get more for your money and draw clientele from those prestigious areas! Flexible lease terms and office furnishings available. Prime Central Location: Sorrento Mesa (I-805 & Mira Mesa Blvd) 10 minutes from LJ, CV, DM, RP, and SR and 1 exit south of I-5/805 split Easily accessible from any freeway 1 block from I-805; once you exit the freeway, traffic disappears Close to Qualcomm and many other corporate offices, as well as shopping centers, eateries, beaches, green space, and private golf courses. Brand New Beautiful Suite: 4 windowed offices with views,140-203 sq. ft Group/Conference Room Kitchen, Administration office, group/conference room, testing room Free amenities include: parking, utilities, high speed Wi-Fi, professional soundproofing, group/conference room, storage, janitorial, bottled water, coffee/tea, kitchen supplies Administrative services are available at a reduced rate Rents and Discounts Rents range from $1125-1375 Sign your lease by June 30 and receive 1 month free rent Hourly offices also available Refer a friend/colleague and get a $100 referral fee when they sign their lease. Unmatched Opportunity to Start or Grow Your Practice! This location has a low density of mental health providers Lower rent than surrounding communities Multiple corporate offices nearby: Qualcomm, Verizon, etc Area residents have an average net income of $136.000 77% of area population has graduate or professional degrees. For detailed information, visit the suite’s website: http://accurateassessmentsandiego.com/professional-offices-for-rent/

Northern San Diego

Office Space Market Report

Number of Listings (last 90 days)
195
Median Rate ($/sqft/yr)
$36
Median Size (sqft)
2,690
As of: January 22, 2017

Northern San Diego Rates

On average, listings lease in the $30's per square foot per year. The Northern San Diego submarket is seeing a decline in rates. In the last 3 months, the median rate decreased $12 per sqft per year. That's a 25% decline in rent.

Compared to the rest of the San Diego market, the Northern San Diego region has more expensive rates, and you'll need to make a great offer to be in this hot region.

Northern San Diego Listing Supply

In the last 90 days, 195 listings have come on the market, so you'll want to check back regularly for new listings. About 6% of the listings in the Northern San Diego are subleases, so you will probably need to consider the implications of signing a direct lease with the building. There aren't many listings below 2,000 square feet on the market, so finding a space for a small business might be tough.

Even though the median size is 2,690 sqft, there are still 0 office spaces below 2,000 sqft. Most buildings in this area are approximately 2 floors. Most buildings in this region were built in 1986 and are Class B.

Northern San Diego Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Finance and insurance are the dominant industries in this area. Commute by public transit is the most popular way to get to work amongst Northern San Diego residents. Commuting around 30 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 Northern San Diego.
Market Report

Market Data

Real time and historical data on commercial real estate listings in Northern San Diego.
Research