Property Description

Unparalleled investment opportunity at the gateway to San Diego State University’s upcoming Mission Valley Campus. Capitalize on “complete communities” incentives that offer a generous FAR of 4.0 on this prime 51,389 SF site (2 parcels), allowing for approx. 200,000 SF of buildable residential space in a location on the brink of a renaissance. 1/4 mile from the forthcoming SDSU Mission Valley Campus & within the “special attention area” Trolley Station Design District under the Mission Valley Community Plan, this site offers future residents an oasis of urban living, complete w/ quality jobs, immediate access to unrivaled retail & entertainment, as well as green spaces & mobility infrastructure that encourage healthy outdoor living. The SDSU Mission Valley Campus plan includes a River Park with 80+ acres of recreation & open spaces, bike & pedestrian paths, bridges & plazas; an expansive 95,000-SF retail hub w/ shopping, dining & entertainment; 1.6 million SF of research & innovation space; hotel & conference space; & Snapdragon Stadium, a hotspot for world-class sports events & musical performances. The existing office building & 7-Eleven generate stable, near-market rents, offering a financial cushion during the permitting process. Please see the Offering Memorandum for more details & 2 pro formas of potential development scenarios. Don’t miss your chance to benefit from SDSU’s & the City’s major investments in the revitalization of an area with already high rental demand, which will only continue to rise. This is an asset to keep in the portfolio for generations to come!

Features
: Gas
Address Map
US
CA
SD
Mission Valley
92108
San Diego Mission Road
10505 & 10509
W118° 53' 24.9''
N32° 47' 3.7''
Metro
Additional Info
Empey Realty
Additional Information
13
2
https://www.propertypanorama.com/instaview/snd/230018690
Listing Information
662001
5499
ACTIVE
2024-11-15T19:24:30Z
sdmls

Commercial Additional

10505 & 10509 San Diego Mission Road, Mission Valley CA 92108

13,037
$7,500,000
Listing ID #230018690
Basic Details
Property Type : Commercial Additional
Listing Type : For Sale
Listing ID : 230018690
Price : $7,500,000
Square Footage : 13,037
Year Built : 1973
Lot Area : 1.18 Acre
Status : Active
Property Sub Type : Commercial-Off/Rtl/Ind
Contact Agent
Mortgage Calculator
$
$ %
years
%
$ %per year
$ %per year

$