Property profile

11839-11855 Sorrento Valley Rd San Diego, CA 92121

OFF-MARKET
Retail properties & Spaces
39,438 SF 1.59 ac lot Built 1982
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Property summary

AI-generated overview

This exceptional retail property, Sorrento Terrace, located at 11839-11855 Sorrento Valley Road in San Diego, California, 92121, offers a unique investment opportunity. The 39,438 square foot building sits on a 1.59-acre lot and boasts a flexible layout suitable for a variety of uses, including restaurants, banks, hotels, and mixed-use businesses. Currently, there are multiple spaces available, ranging from a minimum of 1,604 square feet to a maximum contiguous space of 5,433 square feet, with a total of 17,927 square feet currently vacant. Built in 1982, the property is zoned IL-3-1 (City of San Diego) and provides ample parking, approximately 1.37 spaces per 1,000 square feet. Its prime location in San Diego County offers excellent visibility and accessibility, making it an ideal location for businesses seeking high foot traffic and convenient access for customers. The property's versatility and substantial vacant space present a significant opportunity for expansion or redevelopment. This is a rare chance to secure a well-situated retail space in a thriving San Diego market. Contact us today to learn more about this exceptional property and the available leasing options.

Property profile

Verified
Property type Retail properties & Spaces
Year built 1982
Total area 39,438 SF
Lot 1.59 ac (69,260 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

11839-11855 Sorrento Valley Rd San Diego, CA 92121
San Diego metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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