858-546-4600
707 Broadway, San Diego, CA for Sale
Office - FOR SALE
1/18
null | Request Cap Rate

707 Broadway
San Diego, CA 92101
Marina District


HIGHLIGHTS

  • COASTAL CBD LOCATION in America’s “Finest City”
  • IDEAL RESIDENTIAL CONVERSION can accommodate ~192 units
  • MAINTAINING OFFICE USE office investment or user opportunity
  • SIGNIFICANT PARKING INCOME structured parking with 4.2/1,000 SF
  • EXTENSIVE CAPITAL INVESTMENT $6.2 M
  • 100,000+ RESIDENTIAL UNITS within 3 miles

OVERVIEW

CBRE, as exclusive advisor, is pleased to present the opportunity to acquire 707 Broadway (the “Property” or “707”), an 18-story, 186,803-square-foot tower located in the heart of Downtown San Diego. Formerly an innovative office building, the Property now offers exceptional potential for a residential conversion or continued office use under investor or user ownership. 707 Broadway will be delivered free and clear of debt and unencumbered by tenant leases, providing ultimate flexibility for new ownership to revitalize the office asset or redevelop it into a premier residential tower. The efficient side core design, ~10,000 SF floorplates with no internal columns, and an above-market parking ratio make 707 Broadway a compelling value-add offering with multiple exit strategies. The Property boasts unobstructed 360-degree panoramic views of San Diego Bay, the downtown skyline, and Balboa Park, with immediate access to I-5, SR-163, and nearby retail amenities. As the Downtown San Diego market recalibrates, 707 Broadway presents new ownership with significant upside in Southern California’s most dynamic urban market at a historically low basis.

FOR SALE DETAILS

PRICE

Request Info for Price

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

707

PROPERTY TYPE

Office

TOTAL BUILDING SIZE

-

STORIES

19

BUILDING CLASS

B

YEAR BUILT

1961

SPRINKLERS

-

PARKING SPACES

375

LAND DETAILS

LAND ACRES

1.03 AC

LAND SF

44,867 SF

ZONING

CBX, San Diego

APN/PARCEL ID

534-322-02

ASK ABOUT THIS PROPERTY

858-546-4600

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858-546-4600

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