Kearny Mesa Office Building For
7071 Convoy Ct San Diego, CA 92111
7071 Convoy Ct, San Diego, CA, 92111
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For Sale
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Three-story, 28,704 SF office building in Kearny Mesa.
Property Size28,704 SF
Lot Size0.94 Acres
Price / SF$366
Days on Market1133
Property Features for 7071 Convoy Ct
General Information
- Standard status
- Active
- Size
- 28,704 SF
- Lot size
- 0.94 Acres
- Property subtype
- Office
Building Details
- Year Built
- 1977
Listing agency
Voit Real Estate Services San Diego
Listed by
Garrett Fena · License #01919122
Source
Crexi
Added: Jun 15, 2023 Updated: Jul 10 at 11:26AM Checked: Jul 19 at 8:28AM
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 in the heart of Kearny Mesa at 7071 Convoy Court, San Diego, CA 92111, this three-story office building offers approximately 28,704 square feet of space on a lot of approximately 0.94 acres (40,946 square feet). The property is well-parked and is suitable for an owner-user or investor. The building is located in close proximity to San Diego’s Convoy Pan Asian Cultural & Business Innovation District, with its numerous restaurants, shopping, and entertainment venues within walking distance.
Key Highlights
- Located in the heart of Kearny Mesa.
- Ideal for owner‑user and/or investor.
- Close proximity to San Diego’s Convoy Pan Asian Cultural & Business Innovation District.
Local 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 | $861.1k | $30.00 |
| − Vacancy | −$122.3k | −$4.26 |
| EGI | $738.8k | $25.74 |
| − OpEx | −$184.7k | −$6.44 |
| NOI | $554.1k | $19.31 |
28,704 SF · lease $30.00/SF/yr · vacancy 14.20% · expense 25.00%
Alternative Uses
Best Use
Office B
$7.92M
$6.93M – $9.24M
NOI $554,131 @ 7.0% cap · market cap 5.27%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$11.34M
$9.92M – $13.23M
NOI $793,608 @ 7.0% cap · market cap 7.55%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Farmers Insurance - Daniel ...
Insurance Agency
Dr. Jennifer Moffitt, ...
Alternative Medicine Practice
Empowered Endings Medical ...
Medical Group
Republic Moving & Storage ...
Moving Company
Pearl Forwarding Inc
Freight Service
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FAQs
What type of property is this?
Office building - Three-story, 28,704 SF office building in Kearny Mesa.
Where is this office building located?
The property is located at 7071 Convoy Ct San Diego, CA.
What is the asking price?
The asking price for this property is $10,505,664.
What are key features of this property?
This property features: Located in the heart of Kearny Mesa.; Ideal for owner‑user and/or investor.; Close proximity to San Diego’s Convoy Pan Asian Cultural & Business Innovation District.
