Mission View Plaza
100% Leased Multi-Tenant Office Investment – Mission Valley, San Diego
Marketing description
Commercial Asset Advisors, as the exclusive advisor to the Seller, is pleased to present to qualified investors the outstanding opportunity to acquire Mission View Plaza, an upgraded and modern, multi-tenant office project totaling approximately 57,766entable square feet that is currently 97% leased to a stable mix of government and well qualified private tenants.
This exceptional offering allows investors to acquire a modernized multi-tenant office asset in one of Central San Diego’s most stable suburban markets. Mission Valley’s well-established business environment, combined with the properties 97% occupied tenant base, provides both income stability and long-term security. The area continues to benefit from significant mixed-use and infrastructure development, further enhancing its appeal and strengthening underlying market fundamentals. Positioned conveniently in a thriving livework-play community, this property offers investors a secure foothold in a dynamic growth corridor while delivering reliable performance from day one.
Investment highlights
- Significant Barriers to Entry San Diego County in General and the Mission Valley Submarket Specifically, Have Limited Quality Development Sites That Can Accommodate New Multi Tenant Office Construction. There Are Currently No New Speculative Multi-tenant Office Projects Under Construction in This Submarket With Limited Land Available for New Construction.
- Recent Capital Upgrades | Remodel Professionally Owned and Managed Mission View Plaza Has Undergone Routine and Preventive Maintenance to Improve Its High Quality Appearance and Functionality. Additionally, a Significant Amount of Capital Has Been Spent to Upgrade the Interior and Exterior of This Project. Recent Upgrades to Common Areas and Amenities Were All Done After All Recent Leasing, Creating the Opportunity. These Improvements Have Focused on Ada Accessibility, Energy Efficiency, and Common Area Activation, and Has Led to Retaining Existing Tenants and Attracting Recent New Tenants, Including the State of California and Agile It Services. Mission View Plaza is One of the Only Ada Compliant Office Projects South of the 8 Freeway in Mission Valley.
- Irreplaceable Central - San Diego Location Mission View Plaza is Well Located on the Eastern End of the Wellknown Submarket of Mission Valley. Mission View Plaza Offers Incredible Access to Interstate 8, 15, 805, and State Route 163. Strategically Located Near Public Transit Hubs and the San Diego Trolley, One Can Get to Most Anywhere in San Diego County Within 15 Minutes Driving. the Project is Located Just South of Over 1 Million Square Feet of Amenities, Including Restaurants, Banks, Big Box Retail Establishments and Fitness Center Options.
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