Most listings are in the $30's per square foot per year. The University City submarket is seeing a decrease in rates. In the last 3 months, the median rate decreased $6 per sqft per year. That's a 13% decrease in rent.
Compared to the rest of the San Diego market, the University City region has more expensive rates, and you'll have to negotiate above asking rent to be in this hot region.
In the last 90 days, 42 listings have been made available, so you'll want to check back regularly for new listings. About 81% of the available leases in the University City 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 5,810 sqft, there are still 0 spaces below 2,000 sqft. Most properties in this market are around 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 area. Commute by walking is the most popular way to get to work amongst University City folk. Commuting around 20 minutes a day is the norm for those who opt to reside in this part of town.