Investment Highlights

  • Downtown San Diego Mixed-Use Property – Creative Office Space over Retail
  • Office Space is 72.30% Leased – Retail is 100% Leased
  • Avg. Office In-Place Rent – $2.32/SF
  • Avg. Retail In-Place Rent – $2.79/SF
  • True Value-Add Opportunity, Priced Below Replacement Cost
  • Expansive – Operates Creative Office Workspaces
  • Features Include Shared Workspaces, High End Interior Finishes, Rooftop Terrace, 23 Subterranean Parking Stalls
  • 70,602 SF (BOMA/2014) Six Story Building on 10,001 SF of Land
  • Built in 1935¬†and Fully Renovated in 2017
  • Located in the Central Business District on 6th & C St


List Price:

$9,500,000

Rentable Building Area:

65,607 SF

Cap Rate (Year 1 / Year 3):

6.38% / 7.93%

Occupancy:

75.28%

Price Per SF:

$144.80

Status:

Available

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