San Diego has 5 distinct Class A submarkets we track, anchored by UTC & Torrey Pines at the trophy tier.
San Diego has 5 distinct Class A submarkets we track, anchored by UTC & Torrey Pines at the trophy tier.
**UTC & Torrey Pines** (trophy, ~$68/sqft/yr) — Life sciences capital of California. **Downtown** (prime, ~$50/sqft/yr) — Repositioning trophy core. **Sorrento Mesa** (prime, ~$42/sqft/yr) — Defense and tech R&D belt. **Mission Valley** (established, ~$36/sqft/yr) — Suburban Class A and reposition frontier. **Carlsbad & Del Mar Heights** (established, ~$44/sqft/yr) — North County Class A belt.
| city | San Diego |
|---|---|
| country | United States |
| region | Americas |
| classARentLocal | 56 USD/sqft/yr |
| classARentUsd | $56/sqft/yr |
| vacancy | 18.4% |
| typicalLeaseYears | 10 |
| typicalRentFreeMonths | 12 |
| submarkets | 5 |
| primeYieldPct | 6.4% |
| trophyCount | 1 |
| primeCount | 2 |
Reviewed by Miriam Hollander — Lead market analyst. Last updated 2026-04-15. See our methodology and editorial standards.