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

Enter the "Deal room" for exclusive documents related to this property.

The Deal Room features confidential documents related to this property. To access the Deal Room, you will need to be logged in. If you don't have an account, please create one. More questions? Visit our FAQ.
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. Approval for Deal Room access requires review by our Broker Team. You will be notified by email once your access is granted. 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.
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 2001
Building Area
Land Area ()

Property Description

Jones Lang LaSalle has been retained as the Exclusive Agent for Seller to extend qualified principals the opportunity to acquire a fee simple interest in 5717 Pacific Center (the “Property”). Located at 5717 Pacific Center Boulevard in San Diego, California, the Property contains approximately 67,832 square feet.


The Property is strategically located in the heart of the Sorrento Mesa submarket of North Cities San Diego, one of the most sought-after real estate submarkets in Southern California due to its central location, expansive Life Sciences market, highly diverse corporate headquarters and emerging tech companies. Completed in 2001, with $7.2 million capital invested since 2018, 5717 Pacific Center is comprised of a two-story office building with production lab and shipping/receiving areas. 5717 Pacific Center is positioned as an outstanding covered Life Sciences opportunity with stable near term income and mid-term Life Sciences conversion potential.


The Property is presently 100% leased to two tenants and features infrastructure that lends itself particularly well for a Life Sciences conversion upon lease roll, such as large 34,000 SF floor plates, 16' ceiling heights, an efficient rectangular layout and sturdy steel-frame construction.

Investment Highlights

  • Life Sciences Conversion Potential
  • Supply Constrained Market
  • Exceptional Stabilized Opportunity
  • Excellent Market Fundamentals
  • Ample Liquidity Supporting Life Sciences Companies
  • A High Growth Innovation Hub
  • Strengthening Tenant Financials
Last Updated Date: 21 Apr 2021
Bob Prendergast
Bob Prendergast
Managing Director, Capital Markets
License details
CA - 00883530
Sach Kirpalani
Sach Kirpalani
Senior Director, Capital Markets
License details
CA - 01799500

There was an error submitting your request. Please try again, or submit you inquiry here.

 

PRIVACY NOTICE

Jones Lang LaSalle (JLL), together with its subsidiaries and affiliates, is a leading global provider of real estate and investment management services. We take our responsibility to protect the personal information provided to us seriously.

Generally the personal information we collect from you are for the purposes of dealing with your enquiry.

We endeavor to keep your personal information secure with appropriate level of security and keep for as long as we need it for legitimate business or legal reasons. We will then delete it safely and securely. For more information about how JLL processes your personal data, please view our privacy statement.

Last Updated Date: 21 Apr 2021

Do you have any questions?  Visit our FAQ page

JLL  financing

JLL can help you finance and manage your portfolio.
Email us today to see how we can help achieve your ambitions.