= Required Field.

Already a Member?

Email Address:

Password:

Re-Enter Password:

First Name:

Last Name:

Country:

Zip/Postal Code:

Ext.

Day Phone:

Yes, I want to receive LoopNet's weekly newsletter "LoopNews" and information about LoopNet promotions and special offers.

No Thanks.

By clicking the button above, you are indicating that you have read, understood, and agree to LoopNet's Terms and Conditions.

We will NOT share your email address.
View Our Privacy Policy.

Welcome to LoopNet! Check out the listing below or search over 725,000 other listings.

Select a Property Type

You may enter a US or Canadian location in the following formats:

Zip Code
City, State
State

For additional search options, go to Advanced Search Advanced Search Advanced Search.

e.g. Los Angeles, CA or 91016

Advanced Search

Browse More Listings in Office For Sale, San Diego, CA or California

Office Property For Sale

1080 8th Avenue

1080 8th Avenue, San Diego, CA 92101

Price:
$5,500,000
Building Size:
33,414 SF
Price/SF:
$164.60
Property Type:
Office
Property Sub-type:
Office Building
Property Use Type:
Investment
Distressed:
Yes
Cap Rate:
0.24%
Occupancy:
25%
No. Stories:
4
Building Class:
C
Tenancy:
Multiple
Year Built:
1980
Lot Size:
0.23 SF
Parking Ratio:
0.57 / 1,000 SF
Find Out More...

Last Verified 10/21/2009 Listing ID 16441202

Highlights

$0.89/Squre Foot NNN Pwner/User Before Principle Reduction
Elevator Operated
Prime Downtown Location

ADA Compliant Restrooms on Each Floor
Large Windows, Allowing Plenty of Natural Light
19 Parking Spaces with Building as well as Several Nearby Parking Lots/Garages

Description

This offering is a great opportunity for an owner/user or investor to acquire a class C office building, located in the core district of Downtown, San Diego. The subject building is a 33,414-square foot, four-story office building, situated on 0.23 acres with on-site parking.

The subject property is conveniently located near San Diego's Gaslamp, Ball Park, and Financial Districts. It is also located near public transportation and the trolley line.

Financial Summary

Actual
Year
2008
Scheduled Gross Income
$551,826
Effective Gross Income
$116,557
Operating Expenses
$103,535
Net Operating Income
$13,022

Map of 1080 8th Avenue, San Diego, CA 92101 (San Diego County)

Hide Map

Contact Listing Broker to find out more details.

Presented by

Marcus & Millichap

Request additional information

Contact Listing Broker

Ben Tashakorian (858) 373-3176

Track changes to this property: Watch This Property
Share this listing: Send to Friend; Link to This Listing

Link
Copy the link above and share via email or IM.; Embed This on Your Web Site; Share on Facebook; Share on LinkedIn; Share on Twitter
Additional Options: Print Listing; View Map; Demographics; Research Price; Get Financing

Created 10/21/2009

Additional Information for 749 C Street, San Diego, CA 92101

Active For Sale - 1 Listing
Active For Lease - 0 Listing
Previously Listed - 0 Historic Listing
Sales Comparables Available - 0 RecentSales Record

View additional information for the property view other currently active listings, previous listings, sales comparables, public records, and county records data for this address.

Comparable Properties for 1080 8th Avenue, San Diego, CA 92101

Nearby Office properties for saleSearch all commercial real estate for sale

458 26th St
$5,500,000
42,000 SF
Golden Hill Victorian
$975,000
2,108 SF
Law Offices of Rudolph, James
$879,000
3,878 SF
The Sheldon Residence
$1,995,000
5,000 SF
925 B Street
$9,500,000
64,581 SF

Nearby Retail properties for leaseSearch all commercial real estate for lease

Weeks-Tyler House
$1.50/SF/Month
2,000 SF
458 26th St
$1.50/SF/Month
10,000 - 42,000 SF
446 26th St
Negotiable
1,000 - 50,000 SF
2441 E Street
$1.35/SF/Month
3,186 SF
Market Street Commercial
$1.35/SF/Month
1,650 - 2,220 SF

Nearby Recently Sold Office propertiesSearch all recently sold commercial real estate

Office Building
Sold 3Q 2005
Office Building
Sold 2Q 2006
Office Building
Sold 3Q 2005
Office Building
Sold 1Q 2004
Office Building
Sold 3Q 2004

The information above has been obtained from sources believed reliable. While we do not doubt its accuracy we have not verified it and make no guarantee, warranty or representation about it. It is your responsibility to independently confirm its accuracy and completeness. Any projections, opinions, assumptions, or estimates used are for example only and do not represent the current or future performance of the property. The value of this transaction to you depends on tax and other factors which should be evaluated by your tax, financial, and legal advisors. You and your advisors should conduct a careful, independent investigation of the property to determine to your satisfaction the suitability of the property for your needs.

Embed this Listing on Your Website

Office Property For Sale -

1080 8th Avenue, San Diego, CA, 92101