Office Space Rents in San Diego, CA
Asking prices for office space in San Diego vary and are generally influenced by such factors as the property location, the building quality rating, and the proximity to amenities like restaurants, cafes, and entertainment venues, as well as how convenient access is to and from public transport, airports, and thoroughfares.
Most commonly, the cost in any location will first be influenced by the property class rating, which can be A, B, or C.
For example, San Diego space rated Class A averages $44.41 per square foot.
Meanwhile, Class B space in San Diego asks $30.41 per square foot, on average.
At the same time, listings in Class C buildings are listed for an average of $27.72 per square foot.
Overall, the average rent for office space in San Diego is $48.39 per square foot.
Meanwhile, the minimum rental rate in San Diego is $20.4 per square foot.
Top Locations to Rent Office Space in San Diego, CA
There is no one-size-fits-all answer as to what the best office space for rent location is in San Diego. The best neighborhood or submarket match for you will depend on what are the most relevant factors to your business and your employees. You will most likely need to consider what works best for the type of business you need space for, the size of your company, the employee demographics, and of course the company budget.
However, a good starting point for finding your best options is to look at the areas where there is a high concentration of office property listings. These areas are typically well-connected to a range of access routes and are also home to a variety of amenities that serve the convenience of both workers and visitors.
In San Diego, the greatest concentration of office for rent opportunities is in Sorrento Valley.
For your consideration, the average rent for office space in Sorrento Valley is $65.13 per square foot, but you should expect some price variation across the market, depending on factors like location and property class.
Submarket
No. of Listings
Avg. Asking Rent
Class A&A+ Rent
Class B Rent
Class C Rent
Vacancy Rate
Sorrento Valley
117
$65.13
$80.94
$40
30.64%
Downtown
84
$43.03
$46.79
$26.57
36.33%
West San Diego
80
$37.76
$44.3
$37.44
15.46%
University City
69
$43.25
$56.42
$36.12
17.05%
Kearny Mesa
64
$33.04
$41.48
$30.62
$23.4
17.49%
Key Factors to Consider when Choosing an Office Space for Rent in San Diego, CA
The quality of an office property can be judged based on subjective factors such as the prospective tenant’s preferred architecture style, the overall design of the surrounding area, as well as the amount and/or diversity of amenities available within a convenient distance.
Some quality factors, however, are considered to be mostly objective, and have been somewhat standardized as top things to consider when looking for a specific quality of space for your business. These include construction grade and building quality ratings, sustainability certifications, the total age or the property, as well as any renovation work that was done.
A local breakdown by property class shows that about 51.25% of total office space listings in San Diego are in properties rated class A.
An additional 1.6% of total represents trophy class or class A+ space.
Class B space makes up 45.36% of total space available in San Diego.
Class C space listed for rent locally accounts for 1.8% of total opportunities on the local leasing market.
If considering quality space by property age, the San Diego market is also a mixed bag in this respect. About 65.44% of local office properties were completed before the year 2000.
Office space delivered in and since the year 2000 makes up 34.56% of the local market and adds up to a total of 15,178,424 square feet.
However, a certain age of completion of the original structure does not necessarily mean that a property is too old. Older properties are often considered to have excellent bones and are good subjects for adaptive reuse redevelopment or extensive renovation to modernize the interior space. With that in mind, you should consider that roughly 3.04% of all office properties here are buildings that have been renovated at least once since 2000.
San Diego, CA Office Space for Lease by Building Class
- Class A+
- Class A
- Class B
- Class C
Modern quality standards also take into account the property’s sustainability minded design, which is largely standardized by certification processes such as the LEED program. In San Diego, you can find 331 listings for rent that are in LEED-certified or LEED-proposed properties.
The local market is home to 57 LEED-certified office building(s). Certification can range from basic LEED requirements to Platinum, which is the highest achievable level of certification awarded by the U.S. Green Building Council.
Currently, San Diego has 3 LEED-proposed office building(s) awaiting certification.
Finding Office Space for Rent in San Diego, CA Near You
If you have a certain point of interest in mind for renting an office in San Diego, it’s easy to navigate local leasing opportunities around it. Using our interactive search map, you can zoom in to your preferred location and then customize your search area around that specific point of interest by selecting “Radius” from the Search Mode options menu. Establish the center of your desired search area with one click on the map, and then expand the radius as much as you need to. Browse the resulting list of available office spaces for rent to find the best match for your location and other business needs.
Data was provided by Yardi Research Data and refers to office properties at least 25,000 square feet in size. Prices shown reflect the average rate per square foot.
4755 Eastgate Mall, University City, San Diego, CASpace Type
5580 Morehouse Drive, Sorrento Valley, San Diego, CA
525 B Street, Core - Columbia, San Diego, CA
10188 Telesis Ct., Sorrento Valley, San Diego, CA
10655 Sorrento Valley Road, Torrey Pines Preserve, San Diego, CA
3570 Carmel Mountain Road, Torrey Hills, San Diego, CASpace Type
12250 El Camino Real, Carmel Valley, San Diego, CA
530 B Street, Core - Columbia, San Diego, CA
4755 Nexus Center Dr., University City, San Diego, CA
10256 Meanley Dr., Scripps Ranch, San Diego, CA
9449 Balboa Avenue, Kearny Mesa, San Diego, CASpace Type
12230 El Camino Real, Carmel Valley, San Diego, CA
9909 Mira Mesa Blvd, Scripps Ranch, San Diego, CA
555 West Beech Street, Little Italy, San Diego, CASpace Type
10505 Sorrento Valley Road, Torrey Pines Preserve, San Diego, CA
501 W. Broadway Suite 800, San Diego, CASpace Type
6256 Greenwich Drive, University City, San Diego, CA
501 W. Broadway, Marina, San Diego, CA
9333 Genesee Avenue, University City, San Diego, CA
12264 El Camino Real, Carmel Valley, San Diego, CA
16399 West Bernardo Drive, Rancho Bernardo, San Diego, CA
9925 Pacific Heights Blvd., Sorrento Valley, San Diego, CA
3420 Carmel Valley Road, Torrey Pines Preserve, San Diego, CA
845 15th St., East Village, San Diego, CA
101 West Broadway, Horton Plaza, San Diego, CA
6020 Cornerstone Court, Sorrento Valley, San Diego, CASpace Type
4475 Executive Drive, University City, San Diego, CA
12235 El Camino Real, Carmel Valley, San Diego, CA
11235 West Bernardo Court, Rancho Bernardo, San Diego, CASpace Type
11440 West Bernardo Court, Rancho Bernardo, San Diego, CASpace Type
9410 Carroll Park Dr., Sorrento Valley, San Diego, CA
401 B Street, Core - Columbia, San Diego, CASpace Type
