Freestanding Retail
1915-17 Morena Blvd, San Diego, CA 92110
For Sale
Contact for pricing
Pending
CC-3-8 zoning and two levels offer flexibility for retail, office, or medical occupancy.
Property Size3,168 SF
Days on Market55
Property Features for 1915-17 Morena Blvd
General Information
Standard status
Size
Total Parking Spaces
Property subtype
Zoning
Site & Location
Neighborhood
Highway Access
Road Access
Amenities
existing monument signage
Building Details
Buildings
Stories
Building Size
Listing Agency:
Foster Commercial Real Estate
Listed By:
Adam Foster · License CA #01831459
(858) 229-4041
Source:
Crexi
Added: Sep 18
Changed: Nov 3
Last Checked: Nov 10 at 7:08AM
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 Foster Commercial Real Estate
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This freestanding commercial building totals 3,168 square feet across two levels, each approximately 1,584 square feet. It will be vacant at closing and has 12 dedicated parking spaces, monument signage, and frontage along Morena Boulevard. CC-3-8 zoning supports retail, office, and medical use potential.
The property is on Morena Boulevard in San Diego, with immediate access to I-5 and I-8. Mission Bay, SeaWorld, and the University of San Diego are nearby.
The property is on Morena Boulevard in San Diego, with immediate access to I-5 and I-8. Mission Bay, SeaWorld, and the University of San Diego are nearby.
Key Highlights
- 3,168‑square‑foot freestanding commercial building
- Two levels of approximately 1,584 square feet each
- 12 dedicated parking spaces
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$76,473
Cap Rate
4.25%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,529,460
$1.5M
Cap Rate 7%
$1,092,471
$1.1M
Cap Rate 9%
$849,700
$849.7K
Market Conditions
NOI Build-Up for 3,168 SF
Gross rent
$114.0K $36.00/SF
− Vacancy
−$4.8K −$1.52/SF
EGI
$109.2K $34.48/SF
− OpEx
−$32.8K −$10.35/SF
NOI
$76.5K $24.14/SF
Area
San Diego, CA
Vacancy
4.21%
Lease Rate
$36.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,529,460
Cap Rate 7%
$1,092,471
Cap Rate 9%
$849,700
Alternative Uses
Best Use
Retail
$1.09M
$955.9K – $1.27M
NOI $76,473 @ 7.0% cap · market cap 4.25%
Second Best
Office B
$873.7K
$764.5K – $1.02M
NOI $61,158 @ 7.0% cap · market cap 3.40%
Theoretical Best
Specialty Retail
$1.25M
$1.09M – $1.46M
NOI $87,589 @ 7.0% cap · market cap 4.87%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
516
Businesses Nearby
Explore this area
Business Placement
Demographics for 92110, CA
31,048
Population
13,227
Households
2.3
Avg Household Size
34
Median Age
54%
College-Educated
96%
High-School Grad
5.0 sq mi
ZIP Area
6,210
Density / Sq Mi
$102,508
Median Household Income
$52,150
Median Earnings
$2,298
Median Rent
$885,200
Median Home Value
Market
Properties on Market for Retail space in San Diego
Vacancy Rate% for Office in San Diego, CA
Frequently Asked Questions
What type of property is this?
Retail space - CC-3-8 zoning and two levels offer flexibility for retail, office, or medical occupancy.
Where is this retail space located?
The property is located at 1915-17 Morena Blvd San Diego, CA.
What is the asking price?
The asking price for this property is $1,799,000.
What are key features of this property?
This property features: 3,168‑square‑foot freestanding commercial building; Two levels of approximately 1,584 square feet each; 12 dedicated parking spaces
