Leased Office Building
8911 La Mesa Boulevard La Mesa, CA 91942
For Sale
Contact for pricing
Pending
Well-located office building offered as a leased investment or owner/user opportunity between major freeways.
Property Size13,978 SF
Days on Market345
Property Features for 8911 La Mesa Boulevard
General Information
- Standard status
- Pending
- Size
- 13,978 SF
- Property subtype
- Office, Retail, Industrial
Building Details
- Year Built
- 1989
Listing Agency:
Pacific Coast Commercial
Listed By:
Vince Provenzano · License #CA 00780812
Source:
Crexi
Added: Aug 13, 2025
Changed: Jul 23
Last Checked: Jul 23 at 8:10AM
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 Pacific Coast Commercial
Investment Insights
Based on property information with market context.
Pacific Coast Commercial presents the sale of a well-located office building offered as a leased investment or owner/user opportunity. The property is configured for office use and is currently operated as a leased asset.
The building is situated between two major San Diego freeways and is minutes to Sharp Grossmont Hospital, supporting convenient regional access.
This offering is positioned for long-term occupancy and value based on its established leased structure and its practical location between key thoroughfares.
The building is situated between two major San Diego freeways and is minutes to Sharp Grossmont Hospital, supporting convenient regional access.
This offering is positioned for long-term occupancy and value based on its established leased structure and its practical location between key thoroughfares.
Key Highlights
- Office building built in 1989
- Offered as a leased investment or owner/user opportunity
- Located between two major San Diego freeways
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 | $503.2k | $36.00 |
| − Vacancy | −$72.0k | −$5.15 |
| EGI | $431.2k | $30.85 |
| − OpEx | −$107.8k | −$7.71 |
| NOI | $323.4k | $23.14 |
13,978 SF · lease $36.00/SF/yr · vacancy 14.30% · expense 25.00%
Alternative Uses
Best Use
Office B
$4.62M
$4.04M – $5.39M
NOI $323,437 @ 7.0% cap · market cap 8.98%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$6.40M
$5.60M – $7.47M
NOI $448,298 @ 7.0% cap · market cap 12.45%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Johnston Accountancy
Accounting Firm
Farmers Insurance - John ...
Insurance Agency
Farmers Insurance - Amber ...
Insurance Agency
Farmers Insurance - Elizabeth ...
Insurance Agency
Farmers Insurance - Marcela ...
Insurance Agency
FAQs
What type of property is this?
Office building - Well-located office building offered as a leased investment or owner/user opportunity between major freeways.
Where is this office building located?
The property is located at 8911 La Mesa Boulevard La Mesa, CA.
What is the asking price?
The asking price for this property is $3,600,000.
What are key features of this property?
This property features: Office building built in 1989; Offered as a leased investment or owner/user opportunity; Located between two major San Diego freeways
