Flex Space with Interior
For Sale
Contact for pricing
9750-9760 Aspen Creek Ct, San Diego, CA 92126
Owner-user flex space with high-end interior improvements, signage, sprinklers, and energy-efficient building features.
Property Size6,810 SF
Price / SF$415
Days on Market341
Property Features for 9750-9760 Aspen Creek Ct
General Information
Standard status
Active
Size
6,810 SF
Property subtype
FLEX_R_AND_D
Additional Details
Highway Access
Yes
Sprinkler System
Yes
Building Details
Year Built
2006
Listing Agency:
CBRE | San Diego
(858) 790-1742
Listed By:
Greg Hooker · License #02004007
(858) 790-1742
Source:
Moodyscre
Added: Sep 24, 2025
Changed: Aug 29
Last Checked: Aug 29 at 6:18PM
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 CBRE | San Diego
Investment Insights
Based on property information with market context.
The 6,810-square-foot flex property at 9750-9760 Aspen Creek Ct is located within a business park constructed in 2006. The building features high-end interior improvements along with clear-height capacity, exterior presentation, dedicated signage, sprinkler protection, and energy-efficient elements. Its scale and configuration support owner-user occupancy.
The property is positioned between Interstates 805 and 15, providing highway access toward destinations throughout San Diego County. The combination of an established business-park setting, functional flex-space design, and upgraded building features creates a practical ownership option for an operating business seeking an industrial-oriented facility.
The property is positioned between Interstates 805 and 15, providing highway access toward destinations throughout San Diego County. The combination of an established business-park setting, functional flex-space design, and upgraded building features creates a practical ownership option for an operating business seeking an industrial-oriented facility.
Key Highlights
- 6,810‑square‑foot flex space
- Built in 2006 within a business park
- High‑end interior improvements
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$80,538
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
2.85%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,610,760
$1.6M
Cap Rate 7%
$1,150,543
$1.2M
Cap Rate 9%
$894,867
$894.9K
Market Conditions
NOI Build-Up for 6,810 SF
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.
Gross rent
$122.6K $18.00/SF
− Vacancy
−$7.5K −$1.11/SF
EGI
$115.1K $16.89/SF
− OpEx
−$34.5K −$5.07/SF
NOI
$80.5K $11.83/SF
Area
ZIP 92126
Vacancy
6.14%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,610,760
Cap Rate 7%
$1,150,543
Cap Rate 9%
$894,867
Alternative Uses
Best Use
Industrial
$1.15M
$1.01M – $1.34M
NOI $80,538 @ 7.0% cap · market cap 2.85%
Second Best
Flex RnD
$1.10M
$962.3K – $1.28M
NOI $76,981 @ 7.0% cap · market cap 2.72%
Theoretical Best
Office A
$2.44M
$2.14M – $2.85M
NOI $170,827 @ 7.0% cap · market cap 6.04%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Sprinkler system
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
1,977
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 92126, CA
74,788
Population
26,146
Households
2.9
Avg Household Size
37
Median Age
49%
College-Educated
90%
High-School Grad
11.6 sq mi
ZIP Area
6,447
Density / Sq Mi
$123,232
Median Household Income
$56,975
Median Earnings
$2,630
Median Rent
$802,000
Median Home Value
Market
Vacancy Rate% for Industrial in San Diego, CA
Questions? Ask Rey
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Similar Off Market Nearby
- Hospitality Inc — 9558 Camino Ruiz, San Diego, CA 92126
Frequently Asked Questions
What type of property is this?
Flex space - Owner-user flex space with high-end interior improvements, signage, sprinklers, and energy-efficient building features.
Where is this flex space located?
The property is located at 9750-9760 Aspen Creek Ct San Diego, CA.
What is the asking price?
The asking price for this property is $2,826,150.
What are key features of this property?
This property features: 6,810‑square‑foot flex space; Built in 2006 within a business park; High‑end interior improvements
