Multi-Tenant Creative Office
For Sale
Contact for pricing
1045 14th St, San Diego, CA 92101
Multi-tenant creative office space with overlay zoning that supports increased density and building height near major freeways.
Property Size10,311 SF
Price / SF$353.99
Days on Market165
Property Features for 1045 14th St
General Information
Standard status
Active
Size
10,311 SF
Property subtype
OFFICE
Additional Details
Highway Access
Yes
Building Details
Tenancy
Multi
Listing Agency:
Lee & Associates | North San Diego County
(619) 573-7845
Listed By:
Al Apuzzo · License #01323215
(619) 573-7845
Source:
Moodyscre
Added: Feb 18
Changed: Jul 30
Last Checked: Aug 2 at 10:34AM
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 Lee & Associates | North San Diego County
Investment Insights
Based on property information with market context.
Approximately 10,953 SF of multi-tenant creative office space is available in San Diego’s East Village neighborhood at 1045 14th St. The property benefits from its location within the Complete Communities Housing Solutions and Transit Priority Area Overlay Zones, which permit increased density and building height.
The site is positioned for convenient regional access, with proximity to I-5, CA Hwy 163, and I-94. This makes it practical for creative and office tenants seeking a centrally connected San Diego address.
With the combined focus on creative office use and overlay-driven development flexibility, the property offers a strong fit for operators looking for space today and potential growth-aligned attributes under the applicable overlay framework.
The site is positioned for convenient regional access, with proximity to I-5, CA Hwy 163, and I-94. This makes it practical for creative and office tenants seeking a centrally connected San Diego address.
With the combined focus on creative office use and overlay-driven development flexibility, the property offers a strong fit for operators looking for space today and potential growth-aligned attributes under the applicable overlay framework.
Key Highlights
- Approximately 10,953 SF multi‑tenant creative office space
- East Village neighborhood location at 1045 14th St
- Complete Communities Housing Solutions overlay zone
Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $309.3k | $30.00 |
| − Vacancy | −$43.9k | −$4.26 |
| EGI | $265.4k | $25.74 |
| − OpEx | −$66.4k | −$6.44 |
| NOI | $199.1k | $19.31 |
10,311 SF · lease $30.00/SF/yr · vacancy 14.20% · expense 25.00%
Alternative Uses
Best Use
Office B
$2.84M
$2.49M – $3.32M
NOI $199,054 @ 7.0% cap · market cap 5.45%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$4.07M
$3.56M – $4.75M
NOI $285,079 @ 7.0% cap · market cap 7.81%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
Multi-tenant
Tenancy
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
8,985
Businesses Nearby
Explore this area
Business Placement
Demographics for 92101, CA
47,505
Population
32,909
Households
1.4
Avg Household Size
39
Median Age
57%
College-Educated
92%
High-School Grad
5.4 sq mi
ZIP Area
8,797
Density / Sq Mi
$90,477
Median Household Income
$72,371
Median Earnings
$2,351
Median Rent
$740,500
Median Home Value
Market
Vacancy Rate% for Office in San Diego, CA
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Creative space - Multi-tenant creative office space with overlay zoning that supports increased density and building height near major freeways.
Where is this creative space located?
The property is located at 1045 14th St San Diego, CA.
What is the asking price?
The asking price for this property is $3,650,000.
What are key features of this property?
This property features: Approximately 10,953 SF multi‑tenant creative office space; East Village neighborhood location at 1045 14th St; Complete Communities Housing Solutions overlay zone
