Office for Sale in San Diego, CA

  • Price: $10.4M
  • Listing type: For sale
  • Asset type: Office
  • Location: San Diego, CA 92122
  • Size: 39,081 SF
  • Year built: 1984

Description

Impeccably Owned, Renovated, and Maintained by Historical Institutional Ownership 100% Leased with an Attractive WALT of 2.9 Years Highly Diversified Tenant Mix with 60% Leased to GSA Tenants Strategic Central Location in the Golden Triangle Intrinsic Value Below Replacement Cost Zoning Allows for Medical Use Governor Park has outperformed many of its competing submarkets with lower vacancy and higher lease rates

Market Context

This office in San Diego, CA is listed for sale at $10,450,000 across 39,081 SF ($267/SF). The building dates to 1984. It has been on the market for 144 days. Compare it against other office listings for sale in San Diego, CA — <a href="/search/sale/office/california/san-diego">view the full market</a>.

As of Q1 2026, the San Diego office market showed rents up 5.4% year over year, and cap rates around 3.8%. Source: Consensus Q1 2026 market report.

Rising rents point to a competitive market where well-priced, well-located assets trade quickly.

Office market FAQ

What is the typical cap rate for office in San Diego?
About 3.8% as of Q1 2026, per Consensus.

Unified Estimate

Medium Confidence

$64.43/SF – $87.17/SF

Mid: $75.80/SF

Total estimate for 39,081 SF: $2,962,340

Rate-first confidence-weighted blend with cost-of-business adjustment.

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