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2605 Camino Del Rio South

2605 Camino Del Rio South
San Diego, CA 92108
Availability: Price:$4,975,000 Size:25,655 SF
Shipping: Marcus & Millichap is pleased to present 2605 Camino Del Rio South.
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Description





Agents

BEN TASHAKORIAN | SENIOR MANAGING DIRECTOR


Senior Director: Institutional Property Advisors (IPA)
License: CA 01333884
Dir: (858) 373-3176
Fax: (858) 373-3110
btashakorian@ipausa.com

BRAD PETERS | Associate


Managing Partner: Tashakorian Group
License: CA 02025155
Dir: (858) 373-3227
Cell: (805) 208-6210
brad.peters@marcusmillichap.com

Description

Marcus & Millichap is pleased to present 2605 Camino Del Rio South, located in the Mission Valley Submarket of San Diego, California. This 25,655 square foot office building sits on almost an acre of land, and has superior access to freeways when compared with other buildings in the comp set. The property is currently 49% occupied with the majority of leases expiring in 2022 or later. This flexibility allows for an owner-user to acquire the property with more than half the building leased. One of the strongest attributes of the property is its incredible freeway access and close proximity to the I-8, I-805, I-15, I-5, and SR-163 Freeways. Approximately 250,000 cars per day drive by the Property on the I-8 Freeway which provides excellent signage opportunities. Additionally, Downtown San Diego and San Diego International Airport are located just 10 minutes away via Interstates 8 and 5. Local amenities and retail services are within close proximity to the building including Westfield Mission Valley, which is only two miles away and has 131 stores and restaurants, and Fashion Valley Mall, which is only 3 miles away and has 200 stores and restaurants. Several other shopping centers and restaurants are within close proximity to the project.

Features

  • Located in the Heart of Mission Valley
  • $300,000 in Improvements in 2018
  • 1st & 2nd Floor Completely Remodeled
  • Superior Freeway Accessibility
  • 25,655 Rentable Square Feet on 1 Acre Lot
  • Currently 49% Occupied – Perfect for Owner User
  • 250,000 Cars Drive by Daily

Sale Price

$4,975,000

Net Rentable Area

25,655 SF

Price Per SF

$193.92

Year Built

1979 / 2018

Occupancy

48.5%

Ownership Interest

Fee Simple

Parking Spaces

70

Parking Ratio

2.72 / 1,000 SF

Details

  • 22932266
  • Mixed-Use
  • Price:$4,975,000 Size:25,655 SF
  • New

Shipping Information

  • Item Requires Shipping
  • Marcus & Millichap is pleased to present 2605 Camino Del Rio South.

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