Torrey Preserve Sublease

Torrey Preserve

Office Space Market Report

Number of Listings (last 90 days)
75
Median Rate ($/sqft/yr)
$61
Median Size (sqft)
7,100
As of: August 17, 2017

Torrey Preserve Rates

The typical asking rate per listing is in the $60's per square foot per year. The Torrey Preserve submarket is going through a a rise in rates. In the last 3 months, the median rate rose $29 per sqft per year. That's a 93% rise in rent.

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

Torrey Preserve Listing Supply

In the last 90 days, 14 listings have been listed, which means new listings are probably going fast. You'll want to be prepared to tour spaces as quick as possible. About 36% of the listings in the Torrey Preserve are subleases, so you might be able to snag a great spot on a short term. 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 7,100 sqft, there are still 0 office spaces below 2,000 sqft. Most buildings in this area are close to 1 floors. Most buildings in this area were built in 1978 and are Class B.

Torrey Preserve Community

Health care is the dominant industry in this area. Most of the residents 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.

Market Report

Trends and status of the commercial real estate market in Torrey Preserve.
Market Report

Market Data

Real time and historical data on commercial real estate listings in Torrey Preserve.
Research

San Diego Submarkets