Kearny Mesa Office
4540 & 4550 Kearny Villa Rd San Diego, CA 92123
4540 & 4550 Kearny Villa Rd, San Diego, CA, 92123
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For Sale
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Office condominium for sale in Kearny Mesa submarket.
Property Size768 SF
Lot Size2.03 Acres
Price / SF$442.71
Days on Market1860
Property Features for 4540 & 4550 Kearny Villa Rd
General Information
- Standard status
- Active
- Size
- 768 SF
- Lot size
- 2.03 Acres
- Property subtype
- Office
Building Details
- Year Built
- 1981
Listing Agency
Voit Real Estate Services San Diego
Listed by
Garrett Fena · License #01919122
Source
Crexi
Added: Jun 14, 2021 Checked: Jul 17 at 1:52 pm
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.
This is an opportunity to purchase an individual office condominium in the Kearny Mesa submarket. The Landmark Centre, located at 4540 & 4550 Kearny Villa Road, consists of two buildings totaling approximately 64,000 square feet and is situated on approximately 2.03 acres.
Key Highlights
- Owner/user opportunity: ideal for businesses seeking to own their office space.
- Individual office condominium: provides ownership and control over the specific unit.
- Desirable Kearny Mesa submarket: located in a highly sought‑after business area.
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 | $23.0k | $30.00 |
| − Vacancy | −$3.3k | −$4.26 |
| EGI | $19.8k | $25.74 |
| − OpEx | −$4.9k | −$6.44 |
| NOI | $14.8k | $19.31 |
768 SF · lease $30.00/SF/yr · vacancy 14.20% · expense 25.00%
Alternative Uses
Best Use
Office B
$211.8K
$185.3K – $247.1K
NOI $14,826 @ 7.0% cap · market cap 4.36%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$303.3K
$265.4K – $353.9K
NOI $21,234 @ 7.0% cap · market cap 6.25%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
LifeStance Therapists & Psychiatrists ...
Physician
Mark Spurlock MFT
Marriage Or Relationship Counselor
Farmers Insurance - Maral ...
Insurance Agency
Nicolette Cox, CPA
Accounting Firm
Renewal Insurance Services, ...
Insurance Agency
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FAQs
What type of property is this?
Office units - Office condominium for sale in Kearny Mesa submarket.
Where is this office units located?
The property is located at 4540 & 4550 Kearny Villa Rd San Diego, CA.
What is the asking price?
The asking price for this property is $340,000.
What are key features of this property?
This property features: Owner/user opportunity: ideal for businesses seeking to own their office space.; Individual office condominium: provides ownership and control over the specific unit.; Desirable Kearny Mesa submarket: located in a highly sought‑after business area.
