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Elevator-Served Office Suite with Three Suites
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9888 Carroll Center Rd, San Diego, CA 92126

Second-floor office suite with extensive windowline, elevator access, and is currently configured into three adjacent suites.

Property Size1,679 SF
Price / SF$575
Days on Market617

Property Features for 9888 Carroll Center Rd

General Information

Standard status Active
Size 1,679 SF
Class Class B
Elevators Yes
Property subtype OFFICE

Additional Details

Floor 2
HOA Fee $1,187
Highway Access Yes

Amenities

central courtyard

Building Details

Building Size 52,425 SF
Listing Agency: Lee & Associates | San Diego
Listed By: Rick Chatham · License #02101796
Source: Moodyscre
Added: Nov 22, 2024 Changed: Jul 30 Last Checked: Jul 31 at 1:43PM

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 Lee & Associates | San Diego

Investment Insights

Based on property information with market context.

This second-floor office suite totals 3,084 SF and is currently divided into three adjacent suites, providing flexible space for office users. The suite benefits from an extensive windowline, supporting a bright, daylit work environment. The building includes elevator service and shared restrooms on each floor.

The broader property is a 52,425 SF Class B, garden-style office park with a central courtyard. Access is convenient to I-15 via Carroll Canyon Road or Miramar Road, and the location is near many retail amenities.

The suite configuration, shared common restrooms, and elevator service make this space well-suited for organizations that want a self-contained suite arrangement within a multi-tenant office setting.

Key Highlights

  • 3,084 SF second‑floor office suite
  • Currently configured into three adjacent suites
  • Elevator served with shared restrooms on each floor

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 $54.4k $32.40
− Vacancy −$7.3k −$4.37
EGI $47.1k $28.03
− OpEx −$11.8k −$7.01
NOI $35.3k $21.02
1,679 SF · lease $32.40/SF/yr · vacancy 13.50% · expense 25.00%

Alternative Uses

Best Use
Office B
$504.2K
$441.2K – $588.2K (±1% cap)
NOI $35,292 @ 7.0% cap · market cap 3.66%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$601.7K
$526.5K – $702.0K (±1% cap)
NOI $42,117 @ 7.0% cap · market cap 4.36%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Scripps Mesa Endodontics, ... Dental Office Meijun Tech Support Center Dr. Tracy Wutzke Physician Bagula, Riviere, Coates ... Law Firm ShagLonger Physician

Suggested Use

Top Pick Auto Parts Store Nail Salon Parking Lot & Garage Restaurant Grocery & Convenience Store Storage Facility

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Highway access

Location Intelligence

Trade Area within ½ mile

1,795
Businesses Nearby

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 Office in San Diego, CA

12% 2019
15.6% 2020
14% 2021
13.3% 2022
14.5% 2023
14.6% 2024
14.6% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Office units - Second-floor office suite with extensive windowline, elevator access, and is currently configured into three adjacent suites.
Where is this office units located?
The property is located at 9888 Carroll Center Rd San Diego, CA.
What is the asking price?
The asking price for this property is $965,425.
What are key features of this property?
This property features: 3,084 SF second‑floor office suite; Currently configured into three adjacent suites; Elevator served with shared restrooms on each floor
(253) 988-8802 Call to check price and availability
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