2763 Camino del Rio S - Office FOR SALE


San Diego, CA 92108- North Park
$4,800,000 USD
619-243-8450
2763 Camino del Rio S, San Diego, CA for Sale
$4,800,000 USD
Office - FOR SALE
1/14
null | 9.06% Cap Rate

2763 Camino del Rio S
San Diego, CA 92108
North Park


HIGHLIGHTS

  • Sale Lease back - Seller can leaseback up 18,590 SF
  • Owner/User Opportunity - first floor (8,287 SF) can be occupied right away, more space available if needed
  • Ground lease expires 1/31/2076 - eligible for conventional or SBA financing

OVERVIEW

Positioned in the heart of Mission Valley, 2763 Camino Del Rio South offers a rare opportunity to acquire or lease a well-located office asset with exceptional flexibility for both investors and owner/users. Situated on an approximately 0.90-acre site, the property provides a strong parking ratio of 3.4 spaces per 1,000 square feet—an increasingly scarce amenity in this highly constrained submarket. This three-story office building is ideally suited for an owner/user seeking to establish a presence in one of San Diego’s most central business corridors while benefiting from immediate in-place income. The current ownership is willing to lease back two of the three floors following closing, allowing a buyer to offset occupancy costs while maintaining the option to grow into the space over time. This structure creates a compelling blend of stability and future upside, rarely found in today’s market. The property has a long-term ground lease running through January 31, 2076, offering long-term site control and a lower basis relative to fee simple acquisitions in the area. Combined with its central location, strong parking, and flexible occupancy profile, 2763 Camino Del Rio South presents a unique opportunity for both acquisition and leasing—ideal for businesses looking to control their real estate while capitalizing on income from day one.

FOR SALE DETAILS

PRICE

$4,800,000 USD

PRICE/SF

$188 USD /SF

CAP RATE

9.06%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

ON GROUND LEASE

Yes

BUILDING DETAILS

PROPERTY TYPE

Office

TOTAL BUILDING SIZE

-

STORIES

3

BUILDING CLASS

C

YEAR BUILT

1986

SPRINKLERS

-

PARKING SPACES

72

LAND DETAILS

LAND ACRES

0.9 AC

LAND SF

39,204 SF

ZONING

CO-2-2

APN/PARCEL ID

438-180-36

ASK ABOUT THIS PROPERTY

Peter WrightQualityFirst CommercialMore Info
619-243-8450

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Peter WrightQualityFirst CommercialMore Info
619-243-8450

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.