Office

The Reserve

3390, 3394 and 3398 Carmel Mountain Road San Diego, California United States 92121
Asking Price Contact for pricing
NOI Net Operating Income N/A
Cap Rate N/A
Asking Price Contact for pricing
NOI Net Operating Income N/A
Cap Rate N/A

Documents

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I accept the confidentiality agreement I accept the confidentiality agreement
Create an account on the Investor Center to save your search and investment preferences, save and share opportunities, access exclusive documents, and more. More questions? Visit our FAQ. You'll need to sign a Confidentiality Agreement (CA) to access exclusive documents in the Deal Room. Signing the CA means you agree not to divulge or release sensitive information related to this property. More questions? Visit our FAQ.

Attributes

Year Built 2000
Building Area
Land Area ()

Property Description

JLL has been retained as the Exclusive Agent for the Seller to extend qualified principals the opportunity to acquire a fee simple interest in The Reserve, a 3-building office complex totaling 120,592 square feet located on the border of the Del Mar Heights and Sorrento submarkets in San Diego, CA. The Reserve offers investors the opportunity to reposition the project from office to life sciences in the heart of San Diego’s prime technology submarket. At 64% availability, The Reserve has clear untapped potential and a life science conversion would ensure future strong occupancy at elevated rental rates.

Investment Highlights

  • Exceptional Reposition Opportunity
  • Excellent Demographic Profile
  • Efficient & Modern Building Design
  • Strong Market Fundamentals
  • A High Growth Innovation Hub
  • Superior Location
Last Updated Date: 25 Feb 2021
Nick Psyllos
Nick Psyllos
Managing Director, Capital Markets
License details
CA - 00788060
+358931583230
Lynn LaChapelle
Lynn LaChapelle
Managing Director, Capital Markets
License details
CA - 00898286
+358931583230
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+358931583230
Last Updated Date: 25 Feb 2021

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