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Office Space in Quiet Building
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4455 Morena Boulevard, San Diego, CA 92110

Approximately 1,156-square-foot office space in a quiet, well-maintained building within San Diego’s Morena submarket.

Property Size1,156 SF
Price / SF$389.27
Days on Market150

Property Features for 4455 Morena Boulevard

General Information

Standard status Active
Size 1,156 SF
Property subtype Office

Site & Location

Neighborhood Bay Ho
Listing Agency: Voit Real Estate Services San Diego
Listed By: Garrett Fena · License #01919122
Source: Crexi
Added: May 27 Changed: Oct 1 Last Checked: Oct 23 at 4:53AM

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

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Investment Insights

Based on property information with market context.

This offering features an approximately 1,156-square-foot office space located within a quiet and well-maintained office building. The suite provides a dedicated footprint for professional use, ideal for tenants seeking a straightforward office configuration in a maintained property.

The property is located at 4455 Morena Boulevard in the Morena submarket of San Diego, CA. The building’s environment is described as calm and maintained, which can support day-to-day business operations for office users.

For prospective tenants, the combination of an on-site office setting and a practical, defined suite size can fit a range of professional needs. Brokers and occupants may also find the Morena submarket location useful when considering office space availability within San Diego. Interested parties should confirm current lease terms and suite details with the listing broker, as these are not provided in the available information.

Key Highlights

  • Approximately 1,156 sq ft office space for lease
  • Located in San Diego’s Morena submarket
  • Office space is in a quiet, well‑maintained office building

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$22,317
Cap Rate
4.96%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$446,340 $446.3K
Cap Rate 7%
$318,814 $318.8K
Cap Rate 9%
$247,967 $248.0K
Market Conditions
NOI Build-Up for 1,156 SF
Gross rent
$34.7K $30.00/SF
− Vacancy
−$4.9K −$4.26/SF
EGI
$29.8K $25.74/SF
− OpEx
−$7.4K −$6.44/SF
NOI
$22.3K $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%
$446,340
Cap Rate 7%
$318,814
Cap Rate 9%
$247,967

Alternative Uses

Best Use
Office B
$318.8K
$279.0K – $372.0K (±1% cap)
NOI $22,317 @ 7.0% cap · market cap 4.96%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$456.6K
$399.5K – $532.7K (±1% cap)
NOI $31,961 @ 7.0% cap · market cap 7.10%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Contact the owner directly Get the owner's phone numbers and email
Open Analytics

Current Use

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

Suggested Use

Top Pick Restaurant Real Estate Agency Building Supply Law Firm Pharmacy Auto Parts Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

920
Businesses Nearby

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
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

12% 2019
15.6% 2020
14% 2021
13.3% 2022
14.5% 2023
14.6% 2024
14.6% 2025

Frequently Asked Questions

What type of property is this?
Office unit - Approximately 1,156-square-foot office space in a quiet, well-maintained building within San Diego’s Morena submarket.
Where is this office unit located?
The property is located at 4455 Morena Boulevard San Diego, CA.
What is the asking price?
The asking price for this property is $450,000.
What are key features of this property?
This property features: Approximately 1,156 sq ft office space for lease; Located in San Diego’s Morena submarket; Office space is in a quiet, well‑maintained office building
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