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Sorrento Center 5
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
False
Location
- City San Diego, CA
- Neighborhood Torrey Pines Preserve
- Zip Code 92121
- Market San Diego
Contacts
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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 |
This is a preview. The total list of tenants and suites, along with other lease information, for this property is available on CommercialEdge
Brokers
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Documents
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Sales
Mortgages
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.
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 (SF) 1,076,022
San Diego Office Sales Trends
All sale prices are based on publicly recorded, verified sales.
- 2020 Avg. Price per SF $349.51
- Y-o-Y Avg. PpSF Change 21.91%
- 2020 Office Sales Volume $1.3B
- 2020 Number of Transactions 33
Tax
- Property Tax in 2021-2022 $378,697
- Market Value* $30,793,342
- Assessed Value $30,793,342
Find more tax info, including assessment history and abatements, on CommercialEdge
*The displayed market value represents the assessed value determined by the appropriate local tax/financial authority. It is not the property’s latest sale price or a current market value based on recent area sales.
Frequently Asked Questions
What is the total square footage of Sorrento Center 5?
Sorrento Center 5 totals 85,107 square feet.
When was this property built?
Sorrento Center 5 was built in 1973.
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 2021-2022 was $378,697.
What is the market value for Sorrento Center 5?
The market value* for Sorrento Center 5 in 2021-2022 was $30,793,342.
*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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