Sorrento Center 5

Off-Market

11558 Sorrento Valley Road, San Diego, CA 92121

This property is off-market. Unlock in-depth property data and market insights by signing up to CommercialEdge.

  • Property Type Office - Flex - Office
  • Property Size 85,107 SF
  • Lot Size 3.78 Acre
  • Parking Spaces Avail. 297
  • Parking Ratio 3.50 / 1,000 SF
  • Property Tenancy Multi-Tenant
  • Building Class B
  • Year Built 1973

Contacts

Find property contacts with verified and updated contact information on CommercialEdge: owners, building management, representatives from permits and tenants.

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
Unlock on CommercialEdge

This is a preview. The total list of tenants and suites, along with other lease information, for this property is available on CommercialEdge.

Brokers

Do you represent this property? Claim it!

List your spaces with ease and generate only verified leads with CommercialEdge Marketing.

Add listing for free

Documents

Access researched data with nationwide coverage on CommercialEdge: sales, mortgages, financials, title documents and more.

Sales

  • Purchase Date 02 Nov, 2018
  • Purchase Price
  • Arm's Length True
  • Buyer Name

Mortgages

  • Current Lender
  • Loan Amount
  • Loan Origination Date
  • Loan Maturity Date

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
Unlock on CommercialEdge
Occupancy & Leasing Activity
Occupancy
83.5%
Lease Spread
-20.5%
Unlock on CommercialEdge

Asking Rents in San Diego Office Market

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

  • 2022 Avg. Asking Rent $47.51
  • 2022 Office Vacancy Rate 16.09%
  • 2022 Office Completions (SF) 403,694

San Diego Office Sales Trends

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

  • 2022 Avg. Price per SF $423.64
  • Y-o-Y Avg. PpSF Change 5.87%
  • 2022 Office Sales Volume $1.6B
  • 2022 Number of Transactions 44
View more San Diego market trends

Location

Getting Around

  • Walk Score ®

    42/100 Car-Dependent
  • Transit Score ®

    23/100 Minimal Transit
  • Bike Score ®

    54/100 Bikeable
Powered by Walk Score ®
  • City San Diego, CA
  • Neighborhood Torrey Pines Preserve
  • Zip Code 92121
  • Market San Diego

Points of Interest

  • UC San Diego Health La Jolla

    2.12 miles

  • UC San Diego Central Campus

    2.31 miles

  • VA Medical Center

    2.59 miles

  • Executive Drive

    2.81 miles

  • Nobel Drive

    3.10 miles

  • UTC

    3.12 miles

  • Solana Beach

    6.08 miles

  • Balboa Avenue

    7.40 miles

  • Clairemont Drive

    8.55 miles

  • Tecolote Road

    9.94 miles

  • Shell

    1.58 miles

  • True Zero Del Mar

    1.60 miles

  • BP

    1.64 miles

  • ChargePoint

    2.55 miles

  • ChargePoint

    2.67 miles

  • 7-Eleven

    2.74 miles

  • Chevron

    2.79 miles

  • Mobil

    2.80 miles

  • Chevron

    3.23 miles

  • Shell

    3.35 miles

  • Sorrento Valley Rd Park And Ride

    1.45 miles

  • Scripps Parking Garage C

    1.94 miles

  • Vista Sorrento Parkway Park And Ride

    1.94 miles

  • Hopkins Parking Structure

    1.98 miles

  • Scripps Parking Garage B

    1.98 miles

  • Pangea Parking Structure

    2.00 miles

  • P503

    2.04 miles

  • P510

    2.09 miles

  • P506

    2.11 miles

  • P509

    2.14 miles

  • Homewood Suites by Hilton San Diego-Del Mar

    0.39 miles

  • Hilton Garden Inn San Diego Del Mar

    0.43 miles

  • The Lodge at Torrey Pines

    0.91 miles

  • Hilton La Jolla Torrey Pines

    0.97 miles

  • Residence Inn San Diego/Del Mar

    1.65 miles

  • DoubleTree by Hilton San Diego - Del Mar

    1.67 miles

  • Residence Inn San Diego Del Mar

    1.68 miles

  • San Diego Marriott Del Mar

    1.72 miles

  • Estancia La Jolla Hotel & Spa

    1.99 miles

  • Courtyard

    1.99 miles

  • Caliente Mexican Grill

    0.41 miles

  • City Tacos

    0.53 miles

  • Elena's Mexican Food

    0.79 miles

  • A.R. Valentine at The Lodge at Torrey Pines

    0.89 miles

  • Kabob Lounge

    1.07 miles

  • Zip Fusion

    1.08 miles

  • Porkyland Mexican Grill

    1.19 miles

  • Crust Pizzeria

    1.23 miles

  • Green Acre

    1.32 miles

  • Taco Bell

    1.61 miles

  • Torrey Hills Elementary School

    0.52 miles

  • National University

    0.66 miles

  • San Diego Jewish Academy

    1.51 miles

  • Ocean Air School

    1.51 miles

  • School of Global Policy and Strategy

    1.98 miles

  • Carmel del Mar Elementary School

    2.01 miles

  • The Preuss School

    2.11 miles

  • Notre Dame Academy / Saint Therese of Carmel Church

    2.23 miles

  • The Basement

    2.40 miles

  • University of California, San Diego

    2.43 miles

  • KinderCare Learning Centers

    2.38 miles

  • Early Childhood Education Center

    2.68 miles

  • Solana Beach Child Development Center

    6.26 miles

  • Chinese Bilingual Preschool

    8.43 miles

  • Murphy Canyon Preschool

    8.52 miles

  • Encinitas Country Day School

    8.73 miles

  • Bright Horizons Preschool

    9.07 miles

Frequently Asked Questions

What is the total square footage of Sorrento Center 5?

Sorrento Center 5 totals 85,107 square feet.

When was Sorrento Center 5 last sold?

Sorrento Center 5 was last sold on 02 Nov, 2018.

What is the property tax for Sorrento Center 5?

The property tax for Sorrento Center 5 in 2023-2024 was $413,720.

What is the market value for Sorrento Center 5?

The market value* for Sorrento Center 5 in 2023-2024 was $33,770,365.
*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.

Looking for more in-depth information on this property?

Looking for more in-depth information on this property? Find property characteristics, ownership, tenant details, local market insights and more. Unlock data on CommercialEdge.