Ground Floor Office
4455 Morena Boulevard Suite 115 San Diego, CA 92117
For Sale
Contact for pricing
Office suite available for sale or lease in Morena.
Property Size968 SF
Price / SF$449.38
Days on Market801
Property Features for 4455 Morena Boulevard Suite 115
General Information
- Standard status
- Active
- Size
- 968 SF
- Property subtype
- Office
Listing Agency:
Voit Real Estate Services San Diego
Listed By:
Garrett Fena · License #01919122
Source:
Crexi
Added: May 14, 2024
Changed: Jul 6
Last Checked: Jul 22 at 10:41AM
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 Voit Real Estate Services San Diego
Investment Insights
Based on property information with market context.
Located at 4455 Morena Boulevard, this ground floor office suite is available for sale or lease. The 968 square foot unit is situated in the Morena submarket within a well-maintained office building.
Key Highlights
- Ground floor office suite
- Located in the highly desirable Morena submarket
- Available for lease or sale
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 | $29.0k | $30.00 |
| − Vacancy | −$4.1k | −$4.26 |
| EGI | $24.9k | $25.74 |
| − OpEx | −$6.2k | −$6.44 |
| NOI | $18.7k | $19.31 |
968 SF · lease $30.00/SF/yr · vacancy 14.20% · expense 25.00%
Alternative Uses
Best Use
Office B
$267.0K
$233.6K – $311.5K
NOI $18,687 @ 7.0% cap · market cap 4.30%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$382.3K
$334.5K – $446.1K
NOI $26,763 @ 7.0% cap · market cap 6.15%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Hedenkamp Architecture & Planning
Architect
San Diego Psychoanalytic ...
Charitable Organization
Jennifer Siverts Law ...
Law Firm
Lemon Law Center
Law Firm
Genies Center of Educational ...
Training Center
FAQs
What type of property is this?
Office units - Office suite available for sale or lease in Morena.
Where is this office units located?
The property is located at 4455 Morena Boulevard Suite 115 San Diego, CA.
What is the asking price?
The asking price for this property is $435,000.
What are key features of this property?
This property features: Ground floor office suite; Located in the highly desirable Morena submarket; Available for lease or sale
