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33979153
33979154

1045 14th Street, San Diego, CA 92101 For Sale

QFC Real Estate
Listed by QFC Real Estate
$4,100,000
9 days on market
Updated 9 days ago

1045 14th Street, San Diego

Details
APN 534-210-10-00
Property Type Office
Sub Type Creative Office
Square Footage 10,953
Occupancy 100%
Tenancy Multi
Pro-Forma Cap Rate 6.00%
Price per SqFt $374
Year Built 1940
Year Renovated 2005
Lot Size (SqFt) 7,500
Zoning CCPD-ER
Investment Type Owner/User
Ceiling Height 25

1045 14th Street, San Diego, CA 92101

Marketing description

Creative Office Opportunity in the Heart of East Village

Welcome to 1045 14th Street – a Fully Leased, Multi-tenant Creative Office Building in One of Downtown San Diego's Most Exciting Growth Hubs: East Village. This ±10,953 Sf Gem Sits Just Steps Away From New Residential Developments, Trendy Breweries, Ucsd's Innovation Campus, and an Ever-expanding Mix of Restaurants, Shopping, and Fitness Centers.

Designed by the Acclaimed Acrm Architects, the Building Features a Stunning 25-foot-high Exposed Bow-truss Roof, Abundant Natural Light via Skylights, and a Flexible Open Layout Perfect for Modern Office Use. Zoned Ccpd-er and Situated on ±7,500 Sf of Land, This Property is an Excellent Option for Owner-users or Investors.

Currently 100% Leased to Three Long-term Tenants, Two of Whom Are Willing to Vacate—creating the Potential for an Owner-user to Immediately Occupy Between 7,151–8,714 Sf. For Investors, the Asset Offers a Compelling 6% Pro Forma Cap Rate.

Whether You're Looking to Own Your Office Space in a Thriving Location or Add a Prime San Diego Asset to Your Investment Portfolio, 1045 14th Street Delivers on All Fronts.

Investment highlights

  • Offered at: $4,100,000 ($374/Sf)
  • Address: 3043 4th Avenue, San Diego, Ca 92103
  • Apn: 534-210-10-00
  • Parking: Street Only
  • Year Built/Renovated: 1940 / 2005
  • Roof: Bow-truss With Skylights
  • Hvac: Fully Equipped With Multiple Package Units
  • Access: Close to I-5, Highway 163, and Public Transit

Listing Contacts

QFC Real Estate
Listed by QFC Real Estate

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