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La Mesa Professional Bldg 7484 University Ave 14,336 SF 84% Leased Office Building La Mesa, CA 91942 $3,600,000 ($251.12/SF) 6.50% Cap Rate
Investment Highlights
- 14,336 SF Building on 0.58 AC Lot
- Excellent Natural Light
- Long Term Tenancies
- Floor to Ceiling Glass
- Atrium Style Building
Executive Summary
This rare La Mesa office property presents an exceptional investment or owner-user opportunity, offering strong, stable income with up to 2,344 square feet available for occupancy. Designed with striking floor-to-ceiling glass, the building is filled with natural light and features a unique circular layout centered around an inviting atrium. Each suite is equipped with its own private restroom, enhancing tenant convenience. The atrium-style design is complemented by secured rear parking and distinctive architectural elements, while a long-term tenant mix, including a day care, dental practice, and business services, adds to its appeal. Additionally, the property benefits from a T-Mobile USA antenna lease generating $2,239 per month, providing both steady income and potential future sale value. Ideally located with easy access to I-8, Route 94, and Route 125, this property offers both visibility and convenience in a highly desirable area.
Property Facts
Sale Type
Investment or Owner User
Property Type
Office
Building Size
14,336 SF
Building Class
C
Year Built
1973
Price
$3,600,000
Price Per SF
$251.12
Cap Rate
6.50%
NOI
$234,000
Percent Leased
84%
Tenancy
Multiple
Building Height
3 Stories
Typical Floor Size
4,779 SF
Building FAR
0.57
Lot Size
0.58 AC
Zoning
C-D, San Diego - Office Commercial
Parking
32 Spaces (2.23 Spaces per 1,000 SF Leased)
Amenities
- Natural Light
- Air Conditioning
Space Availability
- Space
- Size
- Space Use
- Build-Out
- Available
Available for lease is an excellent 2nd floor corner office. 6 private offices, reception, conference area, break room, and two private restrooms. Call or message to set up a tour.
| Space | Size | Space Use | Build-Out | Available |
| 2nd Fl-Ste 250 | 2,344 SF | Office | Full Build-Out | Now |
2nd Fl-Ste 250
| Size |
| 2,344 SF |
| Space Use |
| Office |
| Build-Out |
| Full Build-Out |
| Available |
| Now |
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Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
2nd Fl-Ste 250
| Size | 2,344 SF |
| Space Use | Office |
| Build-Out | Full Build-Out |
| Available | Now |
Available for lease is an excellent 2nd floor corner office. 6 private offices, reception, conference area, break room, and two private restrooms. Call or message to set up a tour.
1 1
Moderately walkable
60/100
Exceptionally drivable
100/100
Limited public transit
30/100
Moderately bikeable
60/100
Property Taxes
| Parcel Number | 469-601-12 | Improvements Assessment | $410,710 |
| Land Assessment | $538,362 | Total Assessment | $949,072 |
Property Taxes
Parcel Number
469-601-12
Land Assessment
$538,362
Improvements Assessment
$410,710
Total Assessment
$949,072
1 of 17
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
1 of 1
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La Mesa Professional Bldg | 7484 University Ave
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