This feature is unavailable at the moment.

We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.

Please check back in a few minutes. We apologize for the inconvenience.

- LoopNet Team

You must register your contact information to view secure information on this listing.
You must register your contact information to view secure information on this listing.

Share This Listing

Please enter a valid email address.

Note: To send this property to multiple individuals, insert a semi-colon between each recipient's email address.

LoopNet has taken a strong stance against the practice of sending unsolicited commercial emails, also known as "spam." Please send these emails only to people you know who would be interested in this property. If someone asks you not to send these emails to them, please comply.

thank you

Your email has been sent!

1045 14th St

10,953 SF 100% Leased Office Building San Diego, CA 92101 £3,260,697 (£298/SF) 6% Net Initial Yield

INVESTMENT HIGHLIGHTS

  • Unique Owner User Opportunity in East Village
  • Excellent Building Signage
  • Creative open floor plan with modern amenities including exposed HVAC, skylights, 25 ft. bow-truss ceilings
  • Easy access to public transportation, walk to City College, restaurants and more

EXECUTIVE SUMMARY

1045 14th Street is a multi-tenant retail/office building For Sale in the developing East Village neighborhood of downtown San Diego. This 10,953 square foot building is 100% leased to three long time tenants, two of which would vacate for a user buyer to occupy between 7,151 square feet and 8,714 square feet. The property is best suited for a business owner to purchase and occupy for retail or office use. Additionally it could work for an 1031 investor looking to receive a 6% cap rate based on pro-forma income. The building interior was designed by prominent ACRM Architects, with an impressive 25 foot high exposed bow-truss roof, skylights, and flexible design. The property is surrounded by significant new apartment development, UCSD’s Innovation Campus, restaurants, breweries, fitness facilities, and shopping. 1045 14th Street offers excellent I-5 and highway 163 and 94 freeway access, in addition to mass transit options.

PROPERTY FACTS

Sale Type
Investment or Owner User
Property Type
Office
Property Subtype
Loft/Creative Space
Building Size
10,953 SF
Building Class
B
Year Built
2005
Price
£3,260,697
Price Per SF
£298
Net Initial Yield
6%
NOI
£195,642
Percent Leased
100%
Tenancy
Multiple
Number of Floors
1
Typical Floor Size
10,953 SF
Building FAR
1.00
Lot Size
0.25 AC
Zoning
CCPD-ER - CCPD-ER: Employment/Residential Mixed-Use (ER). This district provides synergies between educational institutions and residential neighborhoods,

AMENITIES

  • Signage
  • Air Conditioning

MAJOR TENANTS

  • TENANT
  • INDUSTRY
  • SF OCCUPIED
  • RENT/SF
  • LEASE END
  • Awbrey Cook McGill Architects
  • Professional, Scientific, and Technical Services
  • -
  • -
  • -
  • Professional, Scientific, and Technical Services
  • -
  • -
  • -
  • CG Engineering
  • Professional, Scientific, and Technical Services
  • -
  • -
  • -
  • Metroplan LLC
  • Public Administration
  • -
  • -
  • -
  • Professional, Scientific, and Technical Services
  • -
  • -
  • -

Paul·Koehler Consulting Structural Engineers, Inc. was established in 1992 by Clifford R. Paul, P.E., President and Jack M. Koehler, P.E., Vice President, for the purpose of providing the design and building industry a creative alternative in structural engineering services. Along with Cliff and Jack, a diverse Management Committee handles the day-to-day business operations of the company.

  • Urban Discovery Academy
  • Educational Services
  • -
  • -
  • -
  • Visual Asylum
  • Professional, Scientific, and Technical Services
  • -
  • -
  • -
TENANT INDUSTRY SF OCCUPIED RENT/SF LEASE END
Awbrey Cook McGill Architects Professional, Scientific, and Technical Services - - -
Professional, Scientific, and Technical Services - - -
CG Engineering Professional, Scientific, and Technical Services - - -
Metroplan LLC Public Administration - - -
Professional, Scientific, and Technical Services - - -
Urban Discovery Academy Educational Services - - -
Visual Asylum Professional, Scientific, and Technical Services - - -
Walk Score®
Walker's Paradise (95)
Transit Score®
Excellent Transit (79)
Bike Score®
Very Bikeable (78)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
534-210-10
Land Assessment
£3,176,357
Improvements Assessment
£319,766
Total Assessment
£3,496,123
  • Listing ID: 34616467

  • Date on Market: 27/01/2025

  • Last Updated:

  • Address: 1045 14th St, San Diego, CA 92101

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, 'rating') }}
255 character limit ({{ remainingChars() }} characters remainingover)
{{ getErrorText(feedbackForm.msg, 'rating') }}
{{ getErrorText(feedbackForm.fname, 'first name') }}
{{ getErrorText(feedbackForm.lname, 'last name') }}
{{ getErrorText(feedbackForm.phone, 'phone number') }}
{{ getErrorText(feedbackForm.phonex, 'phone extension') }}
{{ getErrorText(feedbackForm.email, 'email address') }}