Village Sublease

Village

Office Space Market Report

Number of Listings (last 90 days)
17
Median Rate ($/sqft/yr)
$40
Median Size (sqft)
3,050
As of: June 27, 2017

Village Rates

The typical asking rate per listing is in the $30's per square foot per year. The Village submarket is seeing a an increase in rates. In the last 3 months, the median rate went up $40 per sqft per year.

Compared to the rest of the San Diego market, the Village submarket has greater rates, and you'll have to negotiate above asking rent to be in this hot submarket.

Village Listing Supply

In the last 90 days, 17 listings have been listed, which means office spaces are probably leasing quickly. You'll want to be prepared to make an offer immediately. About 71% 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 posted, so finding a space for a small business might be tough.

Even though the median size is 3,050 sqft, there are still 0 listings below 2,000 sqft. Most properties in this region are close to 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 region. Commute by public transit is the most popular way to get to work amongst Village residents. Commuting close to 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