CAST Capital Partners is pleased to offer for sale the fee simple ownership of 4747 Morena Boulevard, a well-positioned commercial property in the Morena submarket of San Diego. This 40,283 square foot, three story building sits on 2.05 acres, offering an ideal opportunity for an owner-user or investor. The property provides highly flexible occupancy options, with suites available for immediate use while generating stable cash flow from in-place leases.
Owner User Opportunity or Investor
- Building SF: ±40,283 SF
- Available SF for Owner-User: ±20,000 SF
- Suite Sizes: 822 SF to 6,941 SF
- Price: $12,084,900 ($300/SF)
- In Place Gross Income: $720,000
Property Details
- Location: 4747 Morena Boulevard
- Land Area: ±2.05 Acres (±89,298 SF)
- Zoning: IP-2-1 (Industrial Light)
- Buildings: 1 Office Building
- Parking: ±3.4/1,000 SF
- Frontage: 440' of frontage along interstate 5
- Year Built: 1985
Property Highlights
- Owner-User Opportunity: Strategically located along Interstate 5, offering prime visibility and prominent freeway signage options.
- Flexible Occupancy: The 3rd floor is well-suited for an owner-user, with the ability to occupy 20,000 SF. Current leases have relocation clauses, allowing flexible space planning.
- Well - Maintained Property: Features expansive windows-lined suites with operable windows, flexible floor plans, and a parking ratio of 3.4/1,000 SF (covered and surface parking available).
- Excellent Accessibility: Close proximity to the new Balboa Avenue Trolley Station, providing direct access to University Town Center and Downtown San Diego.
Contact us today to schedule a tour!