Creative Office
For Sale
Contact for pricing
1133 Columbia St, San Diego, CA 92101
Remodeled creative office building with an open-air free-flow layout and exposed ceilings, ducting, and support beams.
Property Size22,822 SF
Price / SF$400.93
Days on Market675
Property Features for 1133 Columbia St
General Information
Standard status
Active
Size
22,822 SF
Property subtype
OFFICE
Occupancy
50%
Site & Location
Neighborhood
Core-Columbia
Building Details
Construction
modern creative office
Listing Agency:
QFC Real Estate
(619) 243-8454
Listed By:
Peter Wright · License #01846272
(619) 243-8450
Source:
Moodyscre
Added: Dec 26, 2024
Changed: Oct 25
Last Checked: Oct 30 at 3:03PM
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 QFC Real Estate
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Investment Insights
Based on property information with market context.
This remodeled creative office building features an open-air free-flow concept designed around an exposed interior look, including exposed ceilings, ducting, and support beams. The property is currently 50% leased, offering in-place income while providing ownership options for an occupant-buyer.
Located at 1133 Columbia St in San Diego, the building presents strong curb appeal following its repositioning into a modern creative office format.
With 22,822 square feet of space, the building’s collaborative, open-ceiling approach supports a nontraditional office environment.
Located at 1133 Columbia St in San Diego, the building presents strong curb appeal following its repositioning into a modern creative office format.
With 22,822 square feet of space, the building’s collaborative, open-ceiling approach supports a nontraditional office environment.
Key Highlights
- Remodeled creative office building with an open‑air free‑flow layout
- Modern interior features include exposed ceilings, ducting, and support beams
- Currently 50% leased, generating positive cash‑flow after debt service for a new owner
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$440,579
Cap Rate
4.82%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$8,811,580
$8.8M
Cap Rate 7%
$6,293,986
$6.3M
Cap Rate 9%
$4,895,322
$4.9M
Market Conditions
NOI Build-Up for 22,822 SF
Gross rent
$684.7K $30.00/SF
− Vacancy
−$97.2K −$4.26/SF
EGI
$587.4K $25.74/SF
− OpEx
−$146.9K −$6.44/SF
NOI
$440.6K $19.31/SF
Area
San Diego, CA
Vacancy
14.20%
Lease Rate
$30.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$8,811,580
Cap Rate 7%
$6,293,986
Cap Rate 9%
$4,895,322
Alternative Uses
Best Use
Office B
$6.29M
$5.51M – $7.34M
NOI $440,579 @ 7.0% cap · market cap 4.82%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$9.01M
$7.89M – $10.52M
NOI $630,983 @ 7.0% cap · market cap 6.90%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
50%
Occupancy
Location Intelligence
Trade Area within ½ mile
12,161
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Office in San Diego, CA
Frequently Asked Questions
What type of property is this?
Office building - Remodeled creative office building with an open-air free-flow layout and exposed ceilings, ducting, and support beams.
Where is this office building located?
The property is located at 1133 Columbia St San Diego, CA.
What is the asking price?
The asking price for this property is $9,150,000.
What are key features of this property?
This property features: Remodeled creative office building with an open‑air free‑flow layout; Modern interior features include exposed ceilings, ducting, and support beams; Currently 50% leased, generating positive cash‑flow after debt service for a new owner
