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Flex Lab and Office Space
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10431 Wateridge Cir, San Diego, CA 92121

Class A lab and office flex space with dedicated lab rooms, 97 workstations, and structured surface parking.

Property Size34,002 SF
Days on Market553

Property Features for 10431 Wateridge Cir

General Information

Standard status Active
Size 34,002 SF
Class Class A
Elevators Yes
Property subtype FLEX_R_AND_D

Space & Availability

Space Use Office
Private Offices 19
Meeting Rooms 4

Site & Location

Highway Access Yes
Public Transit Yes

Amenities

two-story lobbies
building systems for research
surface parking
street parking

Building Details

Buildings 2
Parking Ratio 3 per 1,000 SF
Listing Agency: JLL | San Diego
Listed By: Chad Urie · License #1261962
Source: Moodyscre
Added: Jan 24, 2025 Changed: Jul 31 Last Checked: Jul 31 at 2:27AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of JLL | San Diego

Investment Insights

Based on property information with market context.

Wateridge is a flex space campus featuring two Class A office buildings designed for modern research use. Each building includes dramatic two-story lobbies, efficient lab and office layouts, elevator service, and building systems to support research operations.

The lab buildout includes 10 benches, 5 lab support rooms, a cold room, freezer room, glass wash area, and dark room. The office component provides 97 workstations, 19 private offices, three conference rooms, and a board room, plus a break area.

The campus provides a surface parking ratio of 3/1,000 RSF, which can increase to 6/1,000 RSF with surrounding street parking. Located in Sorrento Mesa, the property offers quick access to I-805, I-5, and SR 56 via Vista Sorrento Parkway, and it is on the MTS bus loop for direct access. Total property size is 34,002 square feet.

Key Highlights

  • Two Class A office buildings with efficient lab and office layouts
  • Lab buildout includes 10 benches, cold room, freezer room, glass wash, and dark room
  • Office setup: 97 workstations, 19 private offices, three conference rooms, and board room

Property Analytics

Current Use

Autosplice Inc Electronics & Wireless Store autosplice Hotel & Motel Radisys Corporation Electronics & Wireless Store Certona Corporate Office Telesis Bio Corporate Office

Suggested Use

Top Pick Locksmith (Bike/Boat/Book/etc) Store Pet Grooming Service Bakery Restaurant Fish Market

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Highway access
NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

1,552
Businesses Nearby
Balanced
Demand for This Use

Demographics for 92121, CA

4,658
Population
1,774
Households
2.6
Avg Household Size
32
Median Age
75%
College-Educated
99%
High-School Grad
12.5 sq mi
ZIP Area
373
Density / Sq Mi
$135,795
Median Household Income
$70,431
Median Earnings
$2,537
Median Rent
$1,091,600
Median Home Value

Market

Lease Benchmarks for San Diego, CA

$122 /SF/Yr
Avg Asking Price
$12–$141 /SF/Yr
Price Range
1,472 SF
Avg Space Size

Vacancy Rate% for Office in San Diego, CA

12% 2019
15.6% 2020
14% 2021
13.3% 2022
14.5% 2023
14.6% 2024
14.6% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Flex space - Class A lab and office flex space with dedicated lab rooms, 97 workstations, and structured surface parking.
Where is this flex space located?
The property is located at 10431 Wateridge Cir San Diego, CA.
What are key features of this property?
This property features: Two Class A office buildings with efficient lab and office layouts; Lab buildout includes 10 benches, cold room, freezer room, glass wash, and dark room; Office setup: 97 workstations, 19 private offices, three conference rooms, and board room
(858) 410-1187 Call to check price and availability
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