Office Building Adjacent to Pechanga
For Sale
Contact for pricing
3434 Midway Dr, San Diego, CA 92110
Office building with long-term tenants and 96% occupancy near Pechanga Stadium.
Property Size26,500 SF
Price / SF$310.19
Days on Market291
Property Features for 3434 Midway Dr
General Information
Standard status
Active
Size
26,500 SF
Property subtype
OFFICE
Occupancy
96%
Site & Location
Neighborhood
Loma Portal
Listing Agency:
KW Commercial
(818) 432-1539
Listed By:
Steve Body
(818) 852-9255
Source:
Moodyscre
Added: Jan 13
Changed: Oct 26
Last Checked: Oct 30 at 6:23PM
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 KW Commercial
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Investment Insights
Based on property information with market context.
This office building offers established operations with long-term tenants and 96% occupancy. The property totals 26,500 SF and includes a core tenant in operation for 34 years, supported by a recent renovation and a tenant presence described as 30+ multistate locations.
The property is located at 3434 Midway Dr in San Diego, CA, adjacent to Pechanga Stadium. Nearby redevelopment is described as a 16,500-seat stadium, 4,250 apartments, 130,000 SF retail and entertainment, and 200+ hotel rooms.
For buyers or tenants seeking an office asset anchored by a long-running operating tenant, the combination of long-term occupancy, documented longevity, and recent renovation is positioned as a key part of the property’s profile.
The property is located at 3434 Midway Dr in San Diego, CA, adjacent to Pechanga Stadium. Nearby redevelopment is described as a 16,500-seat stadium, 4,250 apartments, 130,000 SF retail and entertainment, and 200+ hotel rooms.
For buyers or tenants seeking an office asset anchored by a long-running operating tenant, the combination of long-term occupancy, documented longevity, and recent renovation is positioned as a key part of the property’s profile.
Key Highlights
- 26,500 SF office building at 3434 Midway Dr, San Diego
- 96% occupied with long‑term tenants
- Core tenant operating for 34 years
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$511,583
Cap Rate
6.22%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$10,231,660
$10.2M
Cap Rate 7%
$7,308,329
$7.3M
Cap Rate 9%
$5,684,256
$5.7M
Market Conditions
NOI Build-Up for 26,500 SF
Gross rent
$795.0K $30.00/SF
− Vacancy
−$112.9K −$4.26/SF
EGI
$682.1K $25.74/SF
− OpEx
−$170.5K −$6.44/SF
NOI
$511.6K $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%
$10,231,660
Cap Rate 7%
$7,308,329
Cap Rate 9%
$5,684,256
Alternative Uses
Best Use
Office B
$7.31M
$6.39M – $8.53M
NOI $511,583 @ 7.0% cap · market cap 6.22%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$10.47M
$9.16M – $12.21M
NOI $732,672 @ 7.0% cap · market cap 8.91%
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
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Current Use
Lease Details
96%
Occupancy
Location Intelligence
Trade Area within ½ mile
2,768
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
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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 - Office building with long-term tenants and 96% occupancy near Pechanga Stadium.
Where is this office building located?
The property is located at 3434 Midway Dr San Diego, CA.
What is the asking price?
The asking price for this property is $8,220,000.
What are key features of this property?
This property features: 26,500 SF office building at 3434 Midway Dr, San Diego; 96% occupied with long‑term tenants; Core tenant operating for 34 years
