731 9th Ave 8,751 SF 100% Leased Office Building San Diego, CA 92101 $3,995,000 ($456.52/SF) 6.88% Cap Rate
INVESTMENT HIGHLIGHTS
- A few blocks from Petco Park
- Walking distance to hundreds of restaurants/shops
- Major development in the area
- Owner/User creative space
EXECUTIVE SUMMARY
**New price reduction - Motivated Seller** Great opportunity for an owner-user to occupy 4,500 SF of highly-improved office/retail space and collect rental income from 3 +/- 1,500 SF office spaces. Potential flexibility for timing on occupation. Strong development site as well. Contact brokers for more information + CAD Plans + Dimensions
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Office
Property Subtype
Loft/Creative Space
Building Size
8,751 SF
Building Class
C
Year Built/Renovated
1969/2003
Price
$3,995,000
Price Per SF
$456.52
Cap Rate
6.88%
NOI
$274,819
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
4,376 SF
Building FAR
1.44
Lot Size
0.14 AC
Zoning
CCPD-ER - Buyer to Verify
SPACE AVAILABILITY
- SPACE
- SIZE
- SPACE USE
- CONDITION
- AVAILABLE
4,500 SF suite with a strong retail presence, blocks from Petco Park. Various uses are accepted. Primarily open-plan on 2 levels. Parking nearby, secured entry with roll-up door, full signage control for a perspective tenant.
| Space | Size | Space Use | Condition | Available |
| 1st Fl-Ste A | 4,500 SF | Office/Retail | - | May 2025 |
1st Fl-Ste A
| Size |
| 4,500 SF |
| Space Use |
| Office/Retail |
| Condition |
| - |
| Available |
| May 2025 |
1 of 3
Walk Score®
Walker's Paradise (99)
Transit Score®
Excellent Transit (81)
Bike Score®
Very Bikeable (89)
PROPERTY TAXES
| Parcel Number | 535-131-03 | Improvements Assessment | $1,178,281 |
| Land Assessment | $2,120,910 | Total Assessment | $3,299,191 |
