4747 Morena Blvd - Office FOR SALE


San Diego, CA 92117
$12,084,900 USD
760-504-9029
4747 Morena Blvd, San Diego, CA for Sale
$12,084,900 USD
Office - FOR SALE
1/7
null | Request Cap Rate

4747 Morena Blvd
San Diego, CA 92117


HIGHLIGHTS

  • Owner-user opportunity with central location near Interstate 5 & prominent freeway signage available.
  • Excellent in-place income for an owner-user.
  • Leading market fundamentals – Morena/Rose Canyon/I-5 corridor has a vacancy rate of just 7%
  • Building is 76% leased & allows buyer to have numerous occupancy options.
  • Vista La Jolla corporate center is a well-designed project.
  • Close proximity to MTS Trolley Station.

OVERVIEW

VOIT REAL ESTATE SERVICES as exclusive advisors is pleased to offer for sale the fee simple ownership in Vista La Jolla Corporate Center, a 40,283 square foot, three (3) story building located on 2.05 acres. The building was built in 1985 and offers expansive window lined suites with operable windows in a handful of the suites. With flexible floor plans and a parking ratio of ±3.4/1,000 SF, the building offers solutions to a wide range of users. The building is well suited for an Owner-User with flexible occupancy square footage with the ability to occupy from 2,500 SF to 20,000 SF. Conveniently located in the Morena Submarket, Vista La Jolla Corporate Center is centrally located near the communities of Clairemont, Pacific Beach, La Jolla, University City and Bay Park. The property is close in proximity to the New Balboa Avenue Trolley Station that connects to University Town Center, offering a variety of flexible transit solutions. The property is currently 76% leased which provides a Buyer with numerous occupancy options while maintaining a stable cash flow on the balance of the property. The existing leases have short term rollover and relocation clauses to service larger users.

FOR SALE DETAILS

PRICE

$12,084,900 USD

PRICE/SF

$300 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Vista La Jolla Corporate Center

PROPERTY TYPE

Office

TOTAL BUILDING SIZE

-

STORIES

3

BUILDING CLASS

B

YEAR BUILT

1985

SPRINKLERS

-

PARKING SPACES

120

LAND DETAILS

LAND ACRES

2.05 AC

LAND SF

89,298 SF

ZONING

IP-2-1

APN/PARCEL ID

359-820-19

ASK ABOUT THIS PROPERTY

Connor WieckVoit Real Estate ServicesMore Info
760-504-9029

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Connor WieckVoit Real Estate ServicesMore Info
760-504-9029

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.