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6971 Otay Mesa Road

Off-Market

6971 Otay Mesa Road, San Diego, CA 92154

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  • Property Type Industrial - Warehouse/Distribution
  • Property Size 3,431,229 Sqft
  • Lot Size 62.59 Acre
  • Parking Spaces Avail. 1852
  • Parking Ratio 0.54/ 1,000 SF
  • Property Tenancy Owner Occupied
  • Building Class A
  • Year Built 2021

Location

  • City San Diego, CA
  • Neighborhood Otay Mesa
  • Zip Code 92154
  • Market San Diego

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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Documents

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Sales

  • 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.

  • 2020 Avg. Asking Rent $42.06
  • 2020 Office Vacancy Rate 13.02%
  • 2020 Office Completions (Sqft) 1,076,022

San Diego Office Sales Trends

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

  • 2020 Avg. Price per Sqft $349.51
  • Y-o-Y Avg. PpSF Change 21.91%
  • 2020 Office Sales Volume $1.3B
  • 2020 Number of Transactions 33
View more San Diego market trends

Tax

  • Property Tax in 2021-2022 $1,539,899
  • Market Value $125,531,874
  • Assessed Value $125,531,874

Find more tax info, including assessment history and abatements, on CommercialEdge

Frequently Asked Questions

What is the total square footage of 6971 Otay Mesa Road?

6971 Otay Mesa Road totals 3,431,229 square feet.

When was this property built?

6971 Otay Mesa Road was built in 2021.

What is the property tax for 6971 Otay Mesa Road?

The property tax for 6971 Otay Mesa Road in 2021-2022 was $1,539,899.

What is the market value for 6971 Otay Mesa Road?

The market value for 6971 Otay Mesa Road in 2021-2022 was $125,531,874.

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