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.