UC Marketplace

Off-Market

3202 Governor Drive, San Diego, CA 92122

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  • Property Type Retail - Neighborhood Center
  • Property Size 97,376 SF
  • Lot Size 7.84 Acre
  • Property Tenancy Multi-Tenant
  • Year Built 1963

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 Date 25 Mar, 1997
  • 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
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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.

  • 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 ®

    67/100 Somewhat Walkable
  • Transit Score ®

    31/100 Some Transit
  • Bike Score ®

    60/100 Bikeable
Powered by Walk Score ®
  • City San Diego, CA
  • Neighborhood University City
  • Zip Code 92122
  • Market San Diego

Points of Interest

  • UTC

    1.21 miles

  • Nobel Drive

    1.34 miles

  • Executive Drive

    1.54 miles

  • VA Medical Center

    1.75 miles

  • UC San Diego Central Campus

    2.06 miles

  • UC San Diego Health La Jolla

    2.13 miles

  • Balboa Avenue

    3.18 miles

  • Clairemont Drive

    4.31 miles

  • Tecolote Road

    5.70 miles

  • Morena/Linda Vista

    6.20 miles

  • Mobil

    0.66 miles

  • United Oil

    0.67 miles

  • Shell

    0.71 miles

  • World

    0.72 miles

  • Chevron

    1.06 miles

  • ChargePoint

    1.60 miles

  • Speedway

    1.62 miles

  • Arco

    1.68 miles

  • Mobil

    1.69 miles

  • ChargePoint

    1.70 miles

  • UCHS Student Parking

    0.76 miles

  • UCHS Student Parking

    0.79 miles

  • Faculty Parking

    0.86 miles

  • PV Parking Lot

    1.19 miles

  • Gilman Dr Park And Ride Lot #43

    1.21 miles

  • San Diego California Temple parking lot

    1.25 miles

  • One Miramar Parking Structure

    1.61 miles

  • P782

    1.68 miles

  • Ola

    1.70 miles

  • Vela

    1.74 miles

  • Round Table Pizza

    0.05 miles

  • Outcast Grill

    0.08 miles

  • Hong Kong Chef

    0.08 miles

  • Matsugawa Sushi

    0.08 miles

  • Subway

    0.65 miles

  • Kikuya Sushi

    0.71 miles

  • Lorna's Italian Kitchen

    0.72 miles

  • Papa Chito's

    0.72 miles

  • Forbidden Yogurt

    0.72 miles

  • Papa John's

    0.81 miles

  • Sprouts Farmers Market

    0.09 miles

  • Vons

    0.75 miles

  • Vons

    0.87 miles

  • Macy's

    1.22 miles

  • Marshalls

    1.28 miles

  • Nordstrom

    1.30 miles

  • Westfield UTC

    1.32 miles

  • Ross

    1.36 miles

  • Trader Joe's

    1.36 miles

  • Ralphs

    1.39 miles

Frequently Asked Questions

What is the total square footage of UC Marketplace?

UC Marketplace totals 97,376 square feet.

When was UC Marketplace last sold?

UC Marketplace was last sold on 25 Mar, 1997.

What is the property tax for UC Marketplace?

The property tax for UC Marketplace in 2023-2024 was $164,895.

What is the market value for UC Marketplace?

The market value* for UC Marketplace in 2023-2024 was $13,459,794.
*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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