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9775 Businesspark Ave 25,266 SF Vacant Office Building San Diego, CA 92131 $6,883,913 ($272.46/SF)
INVESTMENT HIGHLIGHTS
- Rare Owner-User Sale Opportunity Providing Significant Cash-Flow & Tax Benefits
- Highly Accessible Amenity Rich Location
- Compelling Market Fundamentals With Strong Projected Growth
EXECUTIVE SUMMARY
* Two office and flex buildings offering significant in-place cash flow, a campus-style setting, excellent egress/ingress, and dynamic surrounding retail amenities.
* Given the new tax legislation passed July 2025, an owner user occupying the 9775 building would have a monthly federal tax savings of $85,777 ($1,029,324 in Year 1) given the depreciation benefits and substantial in-place income at the adjacent building.
-- 9775 Businesspark Ave: 25k SF, two story vacant office/flex R&D building.
-- 10021 Willow Creek: 24k SF, two story 81%-leased to three diverse tenants providing new ownership with stable cash-flow and upside through leasing up the one remaining vacancy.
Compelling Market Fundamentals With Strong Projected Growth
* Smaller multi-tenant buildings in Scripps Ranch have historically low vacancy rates which currently sit at 7.5% with a 5 year average of 6.51% and 10 year average of only 7.08%.
* Scripps Ranch remains a lower cost alternative to the nearby high-rise Class A market, UTC, where rents are more than double and traffic congestion persists.
Highly Accessible Amenity Rich Location
* Irreplaceable location within one minute from the I-15 freeway, providing access to all Southern California.
* The I-15 freeway houses a variety of San Diego’s largest credit tenants such as Apple, Northrop Grumman, General Atomics, Sony, Microsoft, HP, Broadcom, Intel, Sharp Rees-Stealy and MedImpact Healthcare Systems.
PROPERTY FACTS
AMENITIES
- Signage
- Monument Signage
SPACE AVAILABILITY
- SPACE
- SIZE
- SPACE USE
- CONDITION
- AVAILABLE
Entire building available. High image, free-standing two-story elevator served corporate headquarter/office building. First Floor consists of a secure/upgraded reception area, conference rooms, private offices, restrooms, light lab rooms/open area (convertible to office) and a light shipping and receiving area with adjacent assembly/office rooms. The shipping area includes an exposed ceiling with an exterior double door entry and ramp access (roll-up door can be added). The first floor has direct access to an outside patio area. Second floor consists of numerous window-line offices with oversized glass, conference rooms with glass, breakroom, large open area, support rooms and restrooms. Exclusive building and monument signage available and onsite electric charging stations.
Entire building available. High image, free-standing two-story elevator served corporate headquarter/office building. First Floor consists of a secure/upgraded reception area, conference rooms, private offices, restrooms, light lab rooms/open area (convertible to office) and a light shipping and receiving area with adjacent assembly/office rooms. The shipping area includes an exposed ceiling with an exterior double door entry and ramp access (roll-up door can be added). The first floor has direct access to an outside patio area. Second floor consists of numerous window-line offices with oversized glass, conference rooms with glass, breakroom, large open area, support rooms and restrooms. Exclusive building and monument signage available and onsite electric charging stations.
| Space | Size | Space Use | Condition | Available |
| 1st Fl-Ste 100 | 12,633 SF | Office | Full Build-Out | Now |
| 2nd Fl-Ste 200 | 12,633 SF | Office | Full Build-Out | Now |
1st Fl-Ste 100
| Size |
| 12,633 SF |
| Space Use |
| Office |
| Condition |
| Full Build-Out |
| Available |
| Now |
2nd Fl-Ste 200
| Size |
| 12,633 SF |
| Space Use |
| Office |
| Condition |
| Full Build-Out |
| Available |
| Now |
1st Fl-Ste 100
| Size | 12,633 SF |
| Space Use | Office |
| Condition | Full Build-Out |
| Available | Now |
Entire building available. High image, free-standing two-story elevator served corporate headquarter/office building. First Floor consists of a secure/upgraded reception area, conference rooms, private offices, restrooms, light lab rooms/open area (convertible to office) and a light shipping and receiving area with adjacent assembly/office rooms. The shipping area includes an exposed ceiling with an exterior double door entry and ramp access (roll-up door can be added). The first floor has direct access to an outside patio area. Second floor consists of numerous window-line offices with oversized glass, conference rooms with glass, breakroom, large open area, support rooms and restrooms. Exclusive building and monument signage available and onsite electric charging stations.
2nd Fl-Ste 200
| Size | 12,633 SF |
| Space Use | Office |
| Condition | Full Build-Out |
| Available | Now |
Entire building available. High image, free-standing two-story elevator served corporate headquarter/office building. First Floor consists of a secure/upgraded reception area, conference rooms, private offices, restrooms, light lab rooms/open area (convertible to office) and a light shipping and receiving area with adjacent assembly/office rooms. The shipping area includes an exposed ceiling with an exterior double door entry and ramp access (roll-up door can be added). The first floor has direct access to an outside patio area. Second floor consists of numerous window-line offices with oversized glass, conference rooms with glass, breakroom, large open area, support rooms and restrooms. Exclusive building and monument signage available and onsite electric charging stations.
PROPERTY TAXES
| Parcel Number | 363-072-22 | Improvements Assessment | $6,963,514 |
| Land Assessment | $4,642,342 | Total Assessment | $11,605,856 |
PROPERTY TAXES
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9775 Businesspark Ave
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