On average, listings lease in the $30's per square foot per year. The Torrey Preserve submarket is seeing a an increase in rates. In the last 3 months, the median rate went up $31 per sqft per year.
Compared to the rest of the San Diego market, the Torrey Preserve submarket has less expensive rates, so you should have no trouble finding a great deal in this discounted region.
In the last 90 days, 14 listings have come on the market, which means new availabilities might be going fast. You'll want to be prepared to make an offer immediately. About 129% of the available leases in the Torrey Preserve 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 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 market are close to 1 stories. Most buildings in this market were built in 1978 and are Class B.
Health care is the dominant industry in this region. Most of the folk of Torrey Preserve work from home. Commuting between 20 and 25 minutes a day is the norm for those who opt to reside in this part of town.