401 A StSan Diego, CA 92101

For Lease
$32.40/SF/YR View listing
  • Office buildings
  • 9,999 SF

Property Details for 401 A St

Year built
1983
Lot size
1.38 AC
Property size (Sq ft)
9,999 SF
Zone code
COMMERCIAL
Property type
Office buildings
APN
533-403-10-00
APU
5334031000

Description

This exceptional sublease opportunity presents 3,253 square feet of move-in ready office space located on the third floor, Suite 315, of 401 W A Street, a 27-story building in San Diego's Downtown submarket. The space boasts a modern, open floor plan, ideal for a variety of business needs. Features include three private offices, a conference room, two open work areas, a fully equipped kitchen, and a unique private terrace offering scenic views. The suite is available immediately, with a lease term extending through February 2026. The building itself is a one-building, multi-tenant property built in 1982, situated on 1.38 acres of land and featuring a 9.87 FAR. The building offers 500 total parking spaces and elevators for convenient access. The property is zoned CCPD-CORE and is located in the heart of Downtown San Diego, within San Diego County, CA, zip code 92101. The competitive lease rate is $2.70 per square foot, full service. This is a rare opportunity to secure high-quality, well-appointed office space in a desirable location with immediate availability. The space is perfect for businesses seeking a functional and aesthetically pleasing workspace in a vibrant urban setting.

Valuation
by Realmo methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $2,095,952
    6.5%
    $1,934,724
    7%
    $1,796,530
  • Comparable approach

    Method
    Valuation
    Relative Method
    $1,618,276
    Geo Method
    $3,519,348
  • Alternative Use

    Use
    Valuation
    Residential
    $2,399,058
    Hospitality
    $2,197,524
    Educational
    $1,828,315
    Medical
    $1,891,193
    Retail
    $2,844,045
401 A St, San Diego, California
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Location Insight

City
San Diego
County
San Diego
State
California
Latitude
32.7183
Longitude
-117.167
CBSA code
41740
CBSA name
SAN DIEGO-CARLSBAD-SAN MARCOS, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$2,457,406
$44,570,736
$149,099,724
$193,670,460
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