UTC & Torrey Pines is a trophy-tier San Diego submarket with average asking rent around $68/sqft/yr.

  • Average asking rent: $68/sqft/yr.
  • Tier: trophy.
  • Citywide Class A rent context: $56/sqft/yr ($56 USD).
  • Citywide vacancy: 18.4% — submarket-level availability is typically tighter at trophy tier.

UTC & Torrey Pines, San Diego office rents and availability

UTC & Torrey Pines is a trophy-tier San Diego submarket with average asking rent around $68/sqft/yr.

TL;DR

  • Average asking rent: $68/sqft/yr.
  • Tier: trophy.
  • Citywide Class A rent context: $56/sqft/yr ($56 USD).
  • Citywide vacancy: 18.4% — submarket-level availability is typically tighter at trophy tier.

Where rent sits

UTC & Torrey Pines averages around $68/sqft/yr for Class A, against a citywide Class A index of 56. As a trophy submarket, rent runs above the city average and availability is structurally tight.

Availability dynamics

Life sciences capital of California. Life sciences, biotech, pharma, healthcare delivery, tech.

Key facts

citySan Diego
submarketUTC & Torrey Pines
tiertrophy
averageRentLocal$68/sqft/yr
cityClassARentUsd$56/sqft/yr
cityVacancyPct18.4%

Frequently asked questions

What is the average Class A rent in UTC & Torrey Pines, San Diego?
Around $68/sqft/yr. The citywide Class A index sits at $56/sqft/yr.

Related

Editorial provenance

Reviewed by Miriam Hollander — Lead market analyst. Last updated 2026-04-15. See our methodology and editorial standards.

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