University City Sublease

University City

Office Space Market Report

Number of Listings (last 90 days)
19
Median Rate ($/sqft/yr)
$37
Median Size (sqft)
2,930
As of: February 21, 2017

University City Rates

Most listings are in the $40's per square foot per year. The University City region is going through a decrease in rates. In the last 3 months, the median rate decreased $6 per sqft per year. That's a 11% 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.

University City Listing Supply

In the last 90 days, 36 listings have been made available, which means spaces most likley are going fast. You'll want to be prepared to tour spaces as quick as possible. About 3% of the listings 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 available, so finding a space for a small business might be tough.

Even though the median size is 3,870 sqft, there are still 0 new availabilities below 2,000 sqft. Most buildings in this region are around 3 stories. Most buildings in this market were built in 1988 and are Class A.

University City Community

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 occupants. Commuting around 20 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 University City.
Market Report

Market Data

Real time and historical data on commercial real estate listings in University City.
Research