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140 Marine View Ave

17,365 SF Office Building Solana Beach, CA 92075 £8,660,761 (£499/SF)

Investment Highlights

  • CREATIVE OFFICE MEETS CALIFORNIA COAST - FULLY FURNISHED "PLUG & PLAY"
  • FOR SALE OR LEASE: MODERN CREATIVE OFFICE OWNER-USER OPPORTUNITY

Executive Summary

CREATIVE OFFICE MEETS CALIFORNIA COAST
* High open ceilings and large operable windows | Expansive outdoor patio with a fire pit, fountain, bocce ball, BBQ area, and putting green.
* Two-story direct access walk-up | Minutes to Vons and Whole Foods and directly across from 6 restaurants.
* Great circulation with operable windows throughout, expansive outdoor patios & meeting spaces | Tranquil private setting offering exceptional privacy while close to all of the action | “Plug and Play” fully furnished.

FOR SALE OR LEASE: MODERN CREATIVE OFFICE OWNER-USER OPPORTUNITY
* Trophy Coastal Opportunity | High end creative office building totaling 17,365 RSF with the appearance and atmosphere of a private corporate headquarters. Previous headquarters of Kashi which is a subsidiary of Kellogg’s.
* Functional Design | Modern finishes and improvements will help attract top tier talent and increase employee retention. The current build out provides an efficient layout allowing companies to have desired work, conference, eat, and play areas throughout the building. The building amenities include restrooms & showers, furnished dining terraces, fire pit, fountain, BBQ area, outdoor lounge space, putting green, bocce ball, and elevator served.
* Fully Furnished – “Plug and Play” | The building comes fully furnished with adjustable desks, chairs, cabled, ping pong table, lamps, etc., saving a buyer approximately $40/PSF or $689,160 of move in expenses.
* Great Visibility and Accessibility | Excellent ingress/egress given proximity to the 5-freeway. The building also provides building-top freeway facing signage on two sides with 246,789 vehicles passing on average per day.
* Building Improvements | The current owners have spent over $3 million to modernize (including LEED certification) and build out the space as a premier creative office building with a unique indoor/outdoor connection. Additionally, the building has a roof-top solar system to help offset electric costs.
* Financially Accretive Compared to Leasing | Low occupancy cost given the depreciation write-off, principal paydown and building appreciation. This is important for business owners who strive to not only minimize expenses but have their business occupancy contribute to their investment portfolio/retirement.

Taxes & Operating Expenses (Actual - 2024) Click Here to Access

Annual Annual Per SF
Taxes - -
Operating Expenses - -

Taxes & Operating Expenses (Actual - 2024) Click Here to Access

Taxes
Annual -
Annual Per SF -
Operating Expenses
Annual -
Annual Per SF -
Total Expenses
Annual $99,999
Annual Per SF $9.99

Property Facts

Sale Type
Owner User
Property Type
Office
Property Subtype
Loft/Creative Space
Building Size
17,365 SF
Building Class
B
Year Built/Renovated
1979/2014
Price
£8,660,761
Price Per SF
£499
Tenancy
Single
Number of Floors
2
Typical Floor Size
8,683 SF
Slab to Slab
9 ft
Building FAR
0.07
Lot Size
5.81 AC
Zoning
OP
Parking
47 Spaces (2.71 Spaces per 1,000 SF Leased)

Amenities

  • Courtyard

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
263-293-56
Land Assessment
£1,616,657
Improvements Assessment
£1,454,991
Total Assessment
£3,071,649
  • Listing ID: 34213458

  • Date on Market: 16/12/2024

  • Last Updated:

  • Address: 140 Marine View Ave, Solana Beach, CA 92075

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