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9565 Waples St 13,264 SF 35% Leased Office Building San Diego, CA 92121 $6,150,000 ($463.66/SF)
Investment Highlights
- Rare owner-user or investment opportunity
- Opportunity to occupy all or a portion of the building
- Exceptional visibility and signage, expansive window line, and elevator-served
- Freestanding building in Sorrento Mesa
- Abundance of on-site and street parking
- Zoning allows for a mix of uses
Executive Summary
Urban Property Group is pleased to present a rare opportunity to purchase or lease a premier office, medical, or life science building at 9565 Waples Street in Sorrento Mesa—San Diego’s fastest-growing tech hub. Formerly operated as a physical therapy office, the property is well-suited for continued medical use or adaptive reuse. Ideally located with convenient access to Interstates 5, 805, 15, and 52, the property offers proximity to exceptional amenities and housing options. 9565 Waples Street presents an ideal opportunity for an owner-user or tenant to capitalize on the strong demand within Sorrento Mesa, a thriving sub-market that continues to attract top talent in the tech, life science, and biotech industries. Perfectly situated in central San Diego, this property provides the chance to be part of the region’s ongoing commitment to innovation, growth, and progress.
Data Room Click Here to Access
- Offering Memorandum
Property Facts
Sale Type
Investment or Owner User
Property Type
Office
Property Subtype
Medical
Building Size
13,264 SF
Building Class
B
Year Built
1990
Price
$6,150,000
Price Per SF
$463.66
Percent Leased
35%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
6,632 SF
Building FAR
0.39
Lot Size
0.78 AC
Zoning
IL-2-1, San Diego - Light Industrial
Parking
55 Spaces (4.15 Spaces per 1,000 SF Leased)
Amenities
- Signage
- Natural Light
Space Availability
- Space
- Size
- Space Use
- Build-Out
- Available
Lease Rate (Office) - $2.55 PSF, FSG Lease Rate (Medical) - $3.25 PSF, NNN *TI dollars available
$2.55 PSF, FSG
| Space | Size | Space Use | Build-Out | Available |
| 1st Fl-Ste First Fl | 6,548 SF | Office/Medical | Partial Build-Out | Now |
| 2nd Fl-Ste 250 | 2,089 SF | Office/Medical | Full Build-Out | Now |
1st Fl-Ste First Fl
| Size |
| 6,548 SF |
| Space Use |
| Office/Medical |
| Build-Out |
| Partial Build-Out |
| Available |
| Now |
2nd Fl-Ste 250
| Size |
| 2,089 SF |
| Space Use |
| Office/Medical |
| Build-Out |
| Full Build-Out |
| Available |
| Now |
1st Fl-Ste First Fl
| Size | 6,548 SF |
| Space Use | Office/Medical |
| Build-Out | Partial Build-Out |
| Available | Now |
Lease Rate (Office) - $2.55 PSF, FSG Lease Rate (Medical) - $3.25 PSF, NNN *TI dollars available
2nd Fl-Ste 250
| Size | 2,089 SF |
| Space Use | Office/Medical |
| Build-Out | Full Build-Out |
| Available | Now |
$2.55 PSF, FSG
Fairly walkable
50/100
Exceptionally drivable
90/100
Limited public transit
30/100
Moderately bikeable
60/100
Property Taxes
| Parcel Number | 341-361-33 | Improvements Assessment | $3,217,369 |
| Land Assessment | $1,697,932 | Total Assessment | $4,915,301 |
Property Taxes
Parcel Number
341-361-33
Land Assessment
$1,697,932
Improvements Assessment
$3,217,369
Total Assessment
$4,915,301
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9565 Waples St
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