Renovated Class A Office
For Sale
Contact for pricing
Pending
400 S Melrose Dr, Vista, CA 92081
Three-building complex offers flexible floor plates, medical-use potential, and freeway-facing monument signage.
Property SizeContact for details
Days on Market142
Property Features for 400 S Melrose Dr
General Information
Standard status
Pending
Class
Class A
Property subtype
Office
Occupancy
75%
Additional Details
Cap Rate
6.7%
Amenities
extensive window lines
flexible floor plates
building signage
monument signage
Building Details
Buildings
3
Tenancy
Multi
Listing Agency:
CBRE - Orange County
(858) 546-4622
Listed By:
Bryan Johnson · License #02018612
Source:
Crexi
Added: Apr 11
Changed: Aug 29
Last Checked: Aug 29 at 6:43PM
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 CBRE - Orange County
Investment Insights
Based on property information with market context.
The Atrium is a recently renovated Class A office campus comprising three buildings at 400 S Melrose Dr in Vista. The property features extensive window lines, flexible floor plates, prominent building signage, and existing office and medical-use functionality. The campus is 75% leased, with a diversified rent roll and the largest tenant representing 6.2% of the project. Many law-firm tenants have occupied their spaces for 10 years or longer.
The property fronts Highway 78 with visibility from traffic reported at over 147,000 cars per day. It sits across from the North County Superior Court Complex, with a shared traffic light and monument signage, and is surrounded by approximately 300,000 square feet of walkable retail amenities. Medical-office restrictions have been removed for the property, and the City of Vista approved converting storage and maintenance space on the ground floor of the 380 building into rentable office or medical space. Existing onsite parking was determined adequate for medical tenants.
The property fronts Highway 78 with visibility from traffic reported at over 147,000 cars per day. It sits across from the North County Superior Court Complex, with a shared traffic light and monument signage, and is surrounded by approximately 300,000 square feet of walkable retail amenities. Medical-office restrictions have been removed for the property, and the City of Vista approved converting storage and maintenance space on the ground floor of the 380 building into rentable office or medical space. Existing onsite parking was determined adequate for medical tenants.
Key Highlights
- Recently renovated Class A campus with 3 office buildings
- 75% leased with 6.7% in‑place cap rate and 9.4% stabilized cap rate
- Highway 78 visibility from over 147,000 cars/day
Property Analytics
Property Profile
Current Use
Lease Details
75%
Occupancy
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
734
Businesses Nearby
Explore this area
Business Placement
Demographics for 92081, CA
28,745
Population
11,075
Households
2.6
Avg Household Size
39
Median Age
39%
College-Educated
91%
High-School Grad
8.9 sq mi
ZIP Area
3,230
Density / Sq Mi
$102,663
Median Household Income
$53,871
Median Earnings
$2,393
Median Rent
$774,800
Median Home Value
Market
Vacancy Rate% for Office in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office building - Three-building complex offers flexible floor plates, medical-use potential, and freeway-facing monument signage.
Where is this office building located?
The property is located at 400 S Melrose Dr Vista, CA.
What are key features of this property?
This property features: Recently renovated Class A campus with 3 office buildings; 75% leased with 6.7% in‑place cap rate and 9.4% stabilized cap rate; Highway 78 visibility from over 147,000 cars/day
