Village Sublease

Village

Office Space Market Report

Number of Listings (last 90 days)
17
Median Rate ($/sqft/yr)
$48
Median Size (sqft)
3,050
As of: July 24, 2017

Village Rates

On average, listings lease in the $40's per square foot per year. The Village submarket is going through a decrease in rates. In the last 3 months, the median rate decreased $8 per sqft per year. That's a 14% decline in rent.

Compared to the rest of the San Diego market, the Village region has more expensive rates, and you'll need to pay a premium to be in this hot region.

Village Listing Supply

In the last 90 days, 17 listings have been posted online, which means new availabilities are probably going fast. You'll want to be prepared to make an offer immediately. About 76% of the available leases in the Village 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 available, so finding a space for a small business might be tough.

Even though the median size is 3,050 sqft, there are still 0 office spaces below 2,000 sqft. Most properties in this market are around 3 stories. Most buildings in this region were built in 1982 and are Class B.

Village Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Finance and insurance are the dominant industries in this market. Commute by public transit is the most popular way to get to work amongst Village occupants. Commuting approximately an hour and a half 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 Village.
Market Report

Market Data

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