8825 Aero DrSan Diego, CA 92123

Property Details for 8825 Aero Dr

Year built

1981

Lot size

2.04 AC

Property size (Sq ft)

44,264 SF

Zone code

INDUSTRIAL (M ZONE)

Property type

Retail properties

Property subtype

Retail space

APN

421-300-09-00

APU

4213000900

Description

Aero Office Park offers exceptional executive office space for lease in San Diego County. This three-story, 36,922 square foot building, constructed in 1981, sits on a 2.04-acre lot and features 8,480 square feet of immediately available space. Units range from a minimum of 1,817 square feet to a maximum contiguous space of 4,366 square feet, perfect for businesses of various sizes. The building boasts a single passenger elevator, individually metered electrical service for each suite, and individual HVAC units for optimal climate control. High-speed internet access is readily available via AT&T fiber optic lines already installed within the building. The building's sturdy construction features a wood and steel frame with a masonry and reinforced concrete slab foundation. Convenient freeway access is a key advantage, with Aero Drive providing easy connections to I-805, I-15, and Highway 163. The location offers numerous amenities, including multiple food and beverage options within walking distance, proximity to a new VA hospital annex, and nearby newly developed multi-family projects and hotels. The property is zoned RMX-1 and provides ample parking with a ratio of 4.00 spaces per 1,000 square feet. Montgomery Airfield is directly across the street, adding to the unique appeal of this location. This is a prime opportunity to secure high-quality office space in a desirable San Diego location.

• CAP approach

  CAP return

  Valuation

  6%

  $13,639,318

  6.5%

  $12,590,140

  7%

  $11,690,844

• Comparable approach

  Method

  Valuation

  Relative Method

  $18,052,908

  Geo Method

  $39,260,592

• Alternative Use

  Use

  Valuation

  Residential

  $10,620,254

  Hospitality

  $9,728,096

  Educational

  $8,093,662

  Medical

  $8,372,015

  Retail

  $12,590,140

Location Insight

City

San Diego

County

San Diego

State

California

Latitude

32.8092

Longitude

-117.138

CBSA code

41740

CBSA name

SAN DIEGO-CARLSBAD-SAN MARCOS, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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