4747 Morena Blvd - Office FOR SALE


San Diego, CA 92117- Bay Ho
$10,500,000 USD
760-504-9029
4747 Morena Blvd, San Diego, CA for Sale
$10,500,000 USD
Office - FOR SALE
1/26
null | Request Cap Rate

4747 Morena Blvd
San Diego, CA 92117
Bay Ho


HIGHLIGHTS

  • Prominent corner location with freeway-facing signage
  • Additional rooftop antenna income from AT&T Mobility
  • Short-term lease rollover clauses support tenant expansion
  • Direct access to Balboa Avenue Trolley Station and I-5
  • Flexible SF Available for an Owner-User

OVERVIEW

Positioned prominently along the I-5 corridor in San Diego’s Morena submarket, Vista La Jolla Corporate Center at 4747 Morena Boulevard presents a rare owner-user or investment opportunity with flexible occupancy and strong in-place income. This 40,283 SF, three-story office building sits on a 2.05-acre lot and offers a blend of stabilized cash flow and future upside through lease-up or potential condominium conversion. Currently 68% leased, the property generates approximately $50,000 in monthly base rent and includes additional antenna income from AT&T Mobility. The building’s flexible floor plates and short-term lease rollover clauses allow for occupancy ranging from 2,500 SF to 20,000 SF, making it ideal for a growing business seeking a central San Diego location. Strategically located near Clairemont, Pacific Beach, La Jolla, and University City, the property benefits from excellent visibility, building-top signage facing I-5, and proximity to the new Balboa Avenue Trolley Station. The Morena/Rose Canyon/I-5 corridor boasts a low 7% vacancy rate, underscoring the scarcity of owner-user opportunities in this submarket. With a steel-frame construction, operable windows in select suites, and a parking ratio of ±3.4/1,000 SF, Vista La Jolla Corporate Center is well-positioned for long-term value creation. The site also offers the potential to add solar infrastructure, enhancing energy efficiency and operational savings.

FOR SALE DETAILS

PRICE

$10,500,000 USD

PRICE/SF

$261 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Owner User

BUILDING DETAILS

PROPERTY NAME

Vista La Jolla Corporate Center

PROPERTY TYPE

Office

TOTAL BUILDING SIZE

-

STORIES

3

BUILDING CLASS

B

YEAR BUILT

1985

SPRINKLERS

-

PARKING SPACES

137

LAND DETAILS

LAND ACRES

2.05 AC

LAND SF

89,298 SF

ZONING

IP-2-1

APN/PARCEL ID

359-820-19

ASK ABOUT THIS PROPERTY

Connor WieckCushman & WakefieldMore Info
760-504-9029

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Connor WieckCushman & WakefieldMore Info
760-504-9029

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