Sorrento Valley Sublease

5405 Morehouse Unit 120 (Floor 1)
Sorrento Valley, San Diego, CA

Sorrento Valley

Office Space Market Report

Number of Listings (last 90 days)
79
Median Rate ($/sqft/yr)
$32
Median Size (sqft)
3,710
As of: August 18, 2017

Sorrento Valley Rates

Most listings are in the $30's per square foot per year. The Sorrento Valley submarket is seeing a a rise in rates. In the last 3 months, the median rate rose $2 per sqft per year. That's a 8% increase in rent.

Compared to the rest of the San Diego market, the Sorrento Valley submarket has lower rates, so you should have no trouble finding a great deal in this discounted region.

Sorrento Valley Listing Supply

In the last 90 days, 79 listings have come on the market, so you'll want to check back regularly for new listings. About 65% of the office spaces in the Sorrento Valley are subleases, so you might be able to find a shorter term or below market rent. 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 3,440 sqft, there are still 0 office spaces below 2,000 sqft. Most properties in this region are approximately 2 stories. Most buildings in this area were built in 1987 and are Class B.

Sorrento Valley Community

Education is the dominant industry in this region. Most of the folk of Sorrento Valley work from home. Commuting under 5 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 Sorrento Valley.
Market Report

Market Data

Real time and historical data on commercial real estate listings in Sorrento Valley.
Research