Most listings are in the $40's per square foot per year. The University City region is seeing a decline in rates. In the last 3 months, the median rate fell $2 per sqft per year. That's a 5% decrease in rent.
Compared to the rest of the San Diego market, the University City region has greater rates, and you'll have to negotiate above asking rent to be in this hot submarket.
In the last 90 days, 42 listings have come on the market, so you'll want to check back regularly for new listings. About 2% of the available space in the University City are subleases, so you will probably need to sign a longer term lease with the landlord directly. 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 3,490 sqft, there are still 0 listings below 2,000 sqft. Most properties in this region are approximately 3 floors. Most buildings in this market were built in 1988 and are Class A.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Information is the dominant industry in this region. Commute by walking is the most popular way to get to work amongst University City residents. Commuting approximately 20 minutes a day is the norm for those who opt to reside in this part of town.