Innovation Corporate Center - 15231 & 15253 Avenue of Science

Off-Market

15231 Avenue of Science, San Diego, CA 92128

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  • Property Type Office - General Office
  • Property Size 103,075 SF
  • Lot Size 4.79 Acre
  • Parking Spaces Avail. 566
  • Parking Ratio 5.50 / 1,000 SF
  • Property Tenancy Multi-Tenant
  • Building Class B
  • Year Built 2005

Contacts

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Owner

  • True Owner
  • Registered Owner

Tenants

Suite Name Tenant Leased
Space
Rent Price Lease
Type
Space
Type
Lease Term
370 17th Street #5500 MERRILL, (303) 446-5500 23,824 SF $23/SF/YR Modified
Gross
General
Office
11/01/2014-
N/A
370 17th Street
#6000
Morrison & Foerster,
(303) 592-1500
10,710 SF $26/SF/YR Full
Service
General
Office
08/01/2013-
07/31/2023
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Brokers

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Documents

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Sales

  • Purchase Date 30 Aug, 2018
  • Purchase Price
  • Arm's Length True
  • Buyer Name

Market Trends

Average Actual Rents in San Diego

Average rents use actual signed leases, aggregated for your specific search area and asset type with Yardi Market Insight. Be confident your price is competitive, with CommercialEdge.

Current Average Rent
Net Rent
$44.3/SF/YR
Recoverables Show detailsHide details
$16.7/SF/YR
CAM
$3.54/SF/YR
Insurance
$0.59/SF/YR
Taxes
$9.52/SF/YR
Utilities
$1.76/SF/YR
Management Fees
$1.3/SF/YR
Total Rent
$61/SF/YR
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Occupancy & Leasing Activity
Occupancy
83.5%
Lease Spread
-20.5%
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Asking Rents in San Diego Office Market

Office rental rates are based on aggregated data of asking rates.

  • 2021 Avg. Asking Rent $41.71
  • 2021 Office Vacancy Rate 16.88%
  • 2021 Office Completions (SF) 1,160,018

San Diego Office Sales Trends

All sale prices are based on publicly recorded, verified sales.

  • 2021 Avg. Price per SF $409.67
  • Y-o-Y Avg. PpSF Change 4.01%
  • 2021 Office Sales Volume $2.5B
  • 2021 Number of Transactions 60
View more San Diego market trends

Location

Getting Around

  • Walk Score ®

    34/100 Car-Dependent
  • Transit Score ®

    26/100 Some Transit
  • Bike Score ®

    24/100 Somewhat Bikeable
Powered by Walk Score ®
  • City San Diego, CA
  • Neighborhood Carmel Mountain
  • Zip Code 92128
  • Market San Diego

Points of Interest

  • Escondido Transit Center

    8.79 miles

  • Nordahl

    9.92 miles

  • Costco Gasoline

    0.47 miles

  • Shell

    0.55 miles

  • Shell

    1.03 miles

  • Chevron

    1.06 miles

  • Chevron

    1.20 miles

  • Chevron

    1.79 miles

  • Arco

    2.11 miles

  • Shell

    2.15 miles

  • Mobil

    2.15 miles

  • Shell

    2.16 miles

  • Rancho Carmel Drive Park And Ride

    0.76 miles

  • pear parking

    1.54 miles

  • Park & Ride

    1.65 miles

  • Rancho Carmel Drive Park And Ride

    1.84 miles

  • Black Mountain Open Space Park

    2.08 miles

  • Sabre Springs / Peñasquitos Transit Station Parking Structure

    2.09 miles

  • Rancho Bernardo Road Park And Ride

    2.18 miles

  • Stoney Creek Park And Ride

    2.48 miles

  • Glider Point Parking

    2.62 miles

  • Freeport Road Park And Ride

    2.82 miles

  • Staybridge Suites

    0.33 miles

  • Sonesta ES Suites Carmel Mountain

    1.07 miles

  • Courtyard by Marriott San Diego Rancho Bernardo

    1.79 miles

  • Radisson

    1.96 miles

  • Hilton Garden Inn

    2.30 miles

  • 16215 Deer Trial Court

    2.42 miles

  • Ramada

    2.98 miles

  • Best Western

    3.82 miles

  • Residence Inn

    4.11 miles

  • SpringHill Suites

    4.14 miles

  • Panda Express

    0.44 miles

  • Islands

    0.50 miles

  • Panera Bread

    0.54 miles

  • Fish District

    0.65 miles

  • The Habit Burger Grill

    0.66 miles

  • Rubio's

    0.66 miles

  • Grub Burger Bar

    0.70 miles

  • Dragon

    0.74 miles

  • Yesenia’s Mexican Food

    0.74 miles

  • Sushi Kyodai

    0.75 miles

  • Rolling Hills Elementary School

    0.71 miles

  • Highland Ranch Elementary School

    0.78 miles

  • Rancho Bernardo High School

    0.86 miles

  • Turtleback Elementary School

    0.93 miles

  • Rancho Bernardo Middle School

    1.18 miles

  • Penasquitos Christian Preschool

    1.22 miles

  • Saint Michaels School

    1.30 miles

  • Hope Christian Preschool

    1.57 miles

  • Abraxas Continuation High School

    1.68 miles

  • Shoal Creek Elementary School

    1.74 miles

  • My Room to Grow

    3.41 miles

  • KinderCare Learning Centers

    9.12 miles

  • Encinitas Country Day School

    9.84 miles

Frequently Asked Questions

What is the total square footage of Innovation Corporate Center - 15231 & 15253 Avenue of Science?

Innovation Corporate Center - 15231 & 15253 Avenue of Science totals 103,075 square feet.

When was this property built?

Innovation Corporate Center - 15231 & 15253 Avenue of Science was built in 2005.

When was Innovation Corporate Center - 15231 & 15253 Avenue of Science last sold?

Innovation Corporate Center - 15231 & 15253 Avenue of Science was last sold on 30 Aug, 2018.

What is the property tax for Innovation Corporate Center - 15231 & 15253 Avenue of Science?

The property tax for Innovation Corporate Center - 15231 & 15253 Avenue of Science in 2022-2023 was $380,316.

What is the market value for Innovation Corporate Center - 15231 & 15253 Avenue of Science?

The market value* for Innovation Corporate Center - 15231 & 15253 Avenue of Science in 2022-2023 was $33,742,828.
*This represents the market value determined by the appropriate local tax/financial authority, and not the latest sale price or current market value based on recent sales.

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