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    7340 Miramar Rd San Diego, CA 92126

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    For Lease
    Contact for pricing

    San Diego Executive Office Space Available

    Lot size:
    203,547 SF

    Property Features for 7340 Miramar Rd

    General Information

    Property type
    Lifestyle centers
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    203,547 SF
    Total Rate
    305320.5

    Spaces For Lease

    at 7340 Miramar Rd, San Diego, CA 92126 Contact us
    Unit 7480 Second Floor Suite 201

    $19 /Mo

    Size
    4,503 SF
    Contact us
    Unit 7480 Second Floor - Suite 201 & 202A

    $19 /Mo

    Size
    9,481 SF
    Contact us
    Unit 7480 Second Floor - Suite 207

    $18 /Mo

    Size
    22,472 SF
    Contact us
    Unit 7480 Second Floor - Suite 202A

    $19 /Mo

    Size
    4,978 SF
    Contact us
    Unit 7340 Second floor - Suite 208/209

    $18 /Mo

    Size
    11,800 SF
    Contact us
    Unit 7340 Second floor - Suite 201

    $18 /Mo

    Size
    7,136 SF
    Contact us
    Show more

    We can help!

    Listing Contact
    Spencer Kerrigan
    Spencer Kerrigan

    Listing Agency: Voit Real Estate Services San Diego Listing Agent: Spencer Kerrigan

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Property Insight Report

    Overview

    Miramar Metroplex, located at 7340 & 7480 Miramar Road in San Diego, California (zip code 92126), offers a prime opportunity for businesses seeking executive office space within a vibrant retail environment. This multi-tenant property boasts a total of 203,547 square feet, with 50,889 square feet currently vacant and divisible into units ranging from 4,503 to 22,472 contiguous square feet. The building features modern architecture, including open floor plans, high ceilings, exposed HVAC ductwork, and abundant natural light, creating a collaborative and efficient workspace. Glass grade-level doors contribute to an open and airy atmosphere. Amenities include elevators and ample parking (3.4 spaces per 1,000 square feet). The property's location in Western Miramar provides convenient access to Interstates 805 and 15, placing it within easy reach of employees, clients, and suppliers, and near a variety of dining establishments. This San Diego County property is ideal for businesses seeking a modern, well-located, and flexible office space. The property is classified as Retail and Office, with a subtype of Executive Office and Shopping Center.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Cuisinery Food Market Specialty Food Shop Turning Point Pregnancy ... Medical Clinic Anthony DaSilva | The Honest ... Real Estate Agency Combat Athletes Physical ... Physician Rōnin Martial Arts ... Training Center

    Suggested Use

    Real Estate Agency Restaurant Law Firm Dental Office Spa & Massage Center Hair Salon Nail Salon Hotel & Motel Pharmacy Building Supply

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    San Diego
    County
    San Diego
    State
    California
    Longitude
    -117.1541406
    Latitude
    32.8843543

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    FAQs

    What type of property is this?
    Lifestyle center - San Diego Executive Office Space Available
    Where is this lifestyle center located?
    The property is located at 7340 Miramar Rd San Diego, CA.
    What is the lease rate?
    The lease rate is $18-$19 SF/Yr.
    What are key features of this property?
    This property features: Prime Miramar location at 7340 & 7480 Miramar Rd, San Diego, CA 92126.; 203,547 SF multi-tenant building with 50,889 SF of divisible office space available (4,503 - 22,472 SF units).; Modern architecture featuring open floor plans, high ceilings, and abundant natural light.
    (858) 453-0505 Call to check price and availability
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    7340 Miramar Rd San Diego, CA 92126
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    San Diego, CA 92126
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    7340 Miramar Rd San Diego, CA 92126
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    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing Spencer Kerrigan
    Spencer Kerrigan
    Real Estate License ID: 01921490
    (858) 453-0505 (858) 458-3310
    Learn more
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