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 $44.75 per square foot.
Meanwhile, Class B space in San Diego asks $30.3 per square foot, on average.
At the same time, listings in Class C buildings are listed for an average of $27.85 per square foot.
Overall, the average rent for office space in San Diego is $32.4 per square foot.
The maximum rental rate among listings for lease in San Diego is $46.2 per square foot.
Meanwhile, the minimum rental rate in San Diego is $19.8 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
119
$65.13
$80.94
$40
30.64%
Downtown
84
$43.03
$46.79
$26.57
36.33%
West San Diego
81
$37.76
$44.3
$37.44
15.46%
University City
71
$43.25
$56.42
$36.12
17.05%
Downtown
66
$43.03
$46.79
$26.57
36.33%
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 51.67% office space listings in San Diego are in properties rated class A.
An additional 1.6% represents trophy class or class A+ space.
Class B space makes up 44.94% space available in San Diego.
Class C space listed for rent locally accounts for 1.79% 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 65.22% of local office properties were completed before the year 2000.
Office space delivered in and since the year 2000 makes up 34.78% of the local market and adds up to a total of 20,594,270 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 339 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.
5703 Oberlin Drive, Sorrento Valley, San Diego, CASpace Type
17190 Bernardo Center Drive, Rancho Bernardo, San Diego, CA
3940 Ruffin Road, Kearny Mesa, San Diego, CASpace Type
4765 Carmel Mountain Rd, Torrey Hills, San Diego, CA
10182 Telesis Ct., Sorrento Valley, San Diego, CA
5625 Ruffin Road, Kearny Mesa, San Diego, CA
5555 Oberlin Drive, Sorrento Valley, San Diego, CA
10120 Pacific Heights Blvd, Sorrento Valley, San Diego, CA
9605 Scranton Rd., Sorrento Valley, San Diego, CA
3661 Valley Centre Drive, Carmel Valley, San Diego, CA
6165 Greenwich Drive, University City, San Diego, CA
11988 El Camino Real, Carmel Valley, San Diego, CA
12230 El Camino Real, Carmel Valley, San Diego, CA
12626 High Bluff Drive, Carmel Valley, San Diego, CASpace Type
555 West Beech Street, Little Italy, San Diego, CASpace Type
10225 Willow Creek Road, Scripps Ranch, San Diego, CA
9797 Aero Dr., Serra Mesa, San Diego, CA
10398 Pacific Center Ct., Sorrento Valley, San Diego, CA
9339 Carroll Park Drive, Sorrento Valley, San Diego, CA
5060 Shoreham Place, University City, San Diego, CA
800 Pacific Coast Hwy., Marina, San Diego, CA
11388 Sorrento Valley Road, Torrey Pines Preserve, San Diego, CA
9444 Farnham St., Kearny Mesa, San Diego, CASpace Type
12544 High Bluff Drive, Carmel Valley, San Diego, CASpace Type
4901 Morena Blvd., Bay Ho, San Diego, CA
11455 El Camino Real, Torrey Hills, San Diego, CA
9381 Judicial Drive, University City, San Diego, CA
9635 Granite Ridge Drive, Serra Mesa, San Diego, CA
9920 Pacific Heights Suites 150, San Diego, CASpace Type
5151 Murphy Canyon Road, Kearny Mesa, San Diego, CASpace Type
3111 Camino Del Rio North, Mission Valley East, San Diego, CASpace Type
925 Waterfront Pl., Marina, San Diego, CA
