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Merrill Lynch Building 7825 Fay Ave
100,843 SF 49% Leased Office Building La Jolla, CA 92037 For Sale
Investment Highlights
- Situated in the exclusive La Jolla submarket, surrounded by 836,000 SF of world-class retail and dining, with a Walk Score of 97.
- Generates $2,283,148 in annual in-place revenue, offering strong cash flow and significant tax benefits.
- Anchored by Merrill Lynch, with a roster of established financial advisors, attorneys, and accountants.
- Open-air balconies and courtyards enhance natural circulation and tenant experience.
Executive Summary
This iconic Class A office building, located just three blocks from La Jolla's pristine coastline, offers an unparalleled opportunity for discerning buyers. As one of only five institutional-quality office buildings in La Jolla, the property boasts a prime corner location in the heart of the Village, strong tenancy, and a modern open-air design that integrates seamlessly with its coastal surroundings. Situated in one of the most supply-constrained markets, with only 1.32M SF of total office space and resilient Class A rents, this property benefits from high barriers to entry. Additionally, it is located in one of the nation’s most affluent areas, with average household incomes of $268,870 and median home prices exceeding $2M.
Property Facts
Amenities
- Atrium
- Banking
- Courtyard
- Fitness Center
- Food Court
- Property Manager on Site
- Car Charging Station
- Outdoor Seating
- Balcony
Space Availability
- Space
- Size
- Space Use
- Condition
- Available
Office space available for lease
Office space available for lease
Office space available for lease
Office space available for lease
Suites can be combined for 17,607 rsf.
New Spec Suite
Suites can be combined for 17,607 rsf.
Space | Size | Space Use | Condition | Available |
Lower Level-Ste A | 4,825 SF | Office | Partial Build-Out | Now |
Lower Level-Ste B | 1,484 SF | Office | Shell Space | Now |
1st Fl-Ste 130 | 2,027 SF | Office | Partial Build-Out | Apr 2025 |
1st Fl-Ste 150 | 23,729 SF | Office | Partial Build-Out | Now |
1st Fl-Ste 190 | 963 SF | Office | Full Build-Out | Now |
2nd Fl-Ste 200 | 13,522 SF | Office | Full Build-Out | Now |
2nd Fl-Ste 245 | 2,813 SF | Office | Spec Suite | Now |
2nd Fl-Ste 250 | 4,130 SF | Office | Spec Suite | Now |
Lower Level-Ste A
Size |
4,825 SF |
Space Use |
Office |
Condition |
Partial Build-Out |
Available |
Now |
Lower Level-Ste B
Size |
1,484 SF |
Space Use |
Office |
Condition |
Shell Space |
Available |
Now |
1st Fl-Ste 130
Size |
2,027 SF |
Space Use |
Office |
Condition |
Partial Build-Out |
Available |
Apr 2025 |
1st Fl-Ste 150
Size |
23,729 SF |
Space Use |
Office |
Condition |
Partial Build-Out |
Available |
Now |
1st Fl-Ste 190
Size |
963 SF |
Space Use |
Office |
Condition |
Full Build-Out |
Available |
Now |
2nd Fl-Ste 200
Size |
13,522 SF |
Space Use |
Office |
Condition |
Full Build-Out |
Available |
Now |
2nd Fl-Ste 245
Size |
2,813 SF |
Space Use |
Office |
Condition |
Spec Suite |
Available |
Now |
2nd Fl-Ste 250
Size |
4,130 SF |
Space Use |
Office |
Condition |
Spec Suite |
Available |
Now |
Lower Level-Ste A
Size | 4,825 SF |
Space Use | Office |
Condition | Partial Build-Out |
Available | Now |
Office space available for lease
Lower Level-Ste B
Size | 1,484 SF |
Space Use | Office |
Condition | Shell Space |
Available | Now |
Office space available for lease
1st Fl-Ste 130
Size | 2,027 SF |
Space Use | Office |
Condition | Partial Build-Out |
Available | Apr 2025 |
1st Fl-Ste 150
Size | 23,729 SF |
Space Use | Office |
Condition | Partial Build-Out |
Available | Now |
Office space available for lease
1st Fl-Ste 190
Size | 963 SF |
Space Use | Office |
Condition | Full Build-Out |
Available | Now |
Office space available for lease
2nd Fl-Ste 200
Size | 13,522 SF |
Space Use | Office |
Condition | Full Build-Out |
Available | Now |
Suites can be combined for 17,607 rsf.
2nd Fl-Ste 245
Size | 2,813 SF |
Space Use | Office |
Condition | Spec Suite |
Available | Now |
New Spec Suite
2nd Fl-Ste 250
Size | 4,130 SF |
Space Use | Office |
Condition | Spec Suite |
Available | Now |
Suites can be combined for 17,607 rsf.
PROPERTY TAXES
Parcel Number | 350-082-27 | Improvements Assessment | $24,357,748 |
Land Assessment | $8,440,683 | Total Assessment | $32,798,431 |
PROPERTY TAXES
Presented by
Merrill Lynch Building | 7825 Fay Ave
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