13400 Sabre Springs PkwySan Diego, CA 92128

  • Office properties
  • 48,435 SF
For Sale

Property Details for 13400 Sabre Springs Pkwy

Year built
2002
Lot size
3.20 AC
Property size (Sq ft)
48,435 SF
Property type
Office properties
Property subtype
Other office properties

Description

This 48,435 square foot, two-story Class B office building sits on a 3.2-acre lot in San Diego's Sabre Springs, a high-demand area with exceptional access to major freeways (I-15 and CA-56/Ted Williams Parkway) and public transportation (adjacent MTS stop). Built in 2002, the property boasts a 100% occupancy rate and has consistently maintained high occupancy for over a decade, even weathering the pandemic without rent concessions. Its location within the Tier 4 Complete Communities zone allows for a "by-right" conversion to residential use under Ordinance 21275, leveraging a Floor Area Ratio (FAR) based code. The current zoning (CO-1-2) permits a mix of office and residential uses, with a maximum density of one dwelling unit per 1,500 square feet of lot area. The surrounding area is home to a dense concentration of Fortune 500 companies, including Apple, Amazon, and Google, with Apple recently investing in a large campus nearby. Future residents will benefit from proximity to over 1.3 million jobs within a 20-mile radius and abundant retail options, including Trader Joe's, Costco, and Target, all within a two-mile radius. The Sabre Springs community itself is highly affluent, with an average household income exceeding $157,257 and recent home sales averaging over $1.3 million. This presents a unique opportunity to capitalize on both the existing stable income stream and the significant potential for redevelopment into residential units.

13400 Sabre Springs Pkwy, San Diego, California
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Location Insight

City
San Diego
County
San Diego
State
California
Latitude
32.9617
Longitude
-117.093

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