909 Laurel StSan Diego, CA 92101

This exceptional 11,000-square-foot executive office building in San Diego's Little Italy presents a rare opportunity for both investors and owner-users. Located at 909 W Laurel St, 92101, this property boasts a prime location near the I-5 on-ramp, surrounded by walkable amenities. The building underwent a complete renovation in 2017, resulting in high-end finishes and a best-in-class aesthetic. Currently, the building is fully leased to three tenants, providing a strong investment opportunity with a 5.71% cap rate and a net operating income (NOI) of $470,720.69. The asking price is $8,250,000, translating to $750 per square foot. The lease with the current tenants expires December 31, 2028, but early termination is possible to accommodate an owner-user. A significant advantage is the inclusion of 30 parking spaces, a valuable asset in a location where parking is scarce and can generate additional income. The building offers excellent visibility and multiple signage opportunities. The seller is related to one of the tenants occupying 5,500 square feet of premium space on the second floor, making owner-occupancy a viable option. This property offers a unique blend of investment potential and the flexibility to serve as a headquarters for a discerning business. The building's superior location, recent renovation, and ample parking make it a truly exceptional offering in the competitive San Diego market.