Village Sublease

Village

Office Space Market Report

Number of Listings (last 90 days)
5
Median Rate ($/sqft/yr)
$62
Median Size (sqft)
1,758
As of: December 6, 2016

Village Rates

Most listings are in the $60's per square foot per year. The Village region is experiencing a decrease in rates. In the last 3 months, the median rate decreased $41 per sqft per year. That's a 40% decrease in rent.

Compared to the rest of the San Diego market, the Village submarket has greater rates, and you'll need to make a great offer to be in this hot region.

Village Listing Supply

In the last 90 days, 4 listings have come on the market, which means new availabilities most likley are leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About 25% of the listings in the Village are subleases, so you might be able to find a shorter term or below market rent. 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 8,960 sqft, there are still 0 new listings below 2,000 sqft. Most buildings in this area are approximately 3 floors. 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 area. Commute by public transit is the most popular way to get to work amongst Village occupants. Commuting around 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