1135-1145 Broadway San Diego, CA 92101 815 J St. Ste. 202 San Diego, CA 92101 www.capital-rev.com
Investment Overview Location: 1135-1145 Broadway San Diego, CA 92101 Space: 4,943 sq. ft. APN: 534-333-08-00 Lease Rate: Negotiable Space Available: Year Built: 1930 Comments: 1 st Floor (available 10.01.17) 2 nd Floor (availability coming soon) The subject property for lease is a two story building on a 4,943 square foot lot. The first floor of the building is currently available for lease with the second floor lease coming available soon. The property benefits from being situated in the East Village neighborhood of Downtown San Diego where development is surging. The vacant space is located next to the newly redeveloped, 5 block long, Maker s Quarter as well as across the street from San Diego City College with over 16,000 students on campus per semester. It is also right across from Smart Corner, a new redevelopment that includes 299 apartment units, 5 stories of office space, and 25,000 SF of retail space. There is a trolley stop in the Smart Corner as well as national tenants Starbucks, Subway and 7-11.
Area Overview East Village is San Diego s largest and most rapidly developing downtown neighborhood encompassing 130 blocks, between Seventh Ave and 18th Street. More than 700 businesses are located in the thriving urban enclave; including restaurants, hotels, art galleries, boutique shops, and PETCO Park, home of the San Diego Padres. The new San Diego Central Library, which opened summer 2013, is also located in East Village. There are several renowned schools in East Village including Thomas Jefferson School of Law, New School of Architecture and Design, Fashion Institute of Design and Merchandising, and San Diego City College. The East Village community has a population of over 10,000 (and growing), with most residents living in mid-rise or luxury condominiums and lofts. The continuing urban development and steady growth of new businesses draws locals from neighboring downtown areas and many other locations across San Diego County to this diverse and vibrant community that features a unique mix of arts, culture, education, and entertainment. Development in the East Village is booming. With the construction of the new 16 story Sempra headquarters, the mixed use Smart Corner and Maker s Quarter, the new 12 story Pendry Hotel at 6 th and J, and the numerous redevelopment's surrounding the for lease property, East Village is transforming into one of the most prominent business, entertainment, and social environments in San Diego.
Aerial Overview San Diego City College Smart Corner Willmark Apartments Opening Feb. 2017 117 Apt. Units Mixed Use- Retail Pinnacle Apartments Pending 618 Apt. Units Mixed Use- Retail F11 Apartments Opening Sept. 2017 99 Apt. Units Mixed Use- Retail IDEA1 Apartments Opening July 2017 292 Apt. Units Mixed Use- 8,000 SF Retail Maker s Quarter Present-2022 (Completion) +/-175,000 SF Retail +/-1,000,000 SF Office +/- 700,000 SF Residential +/- 60,000 SF Public Space BRE license #01312183 BRE license #01988254
Downtown: $6.4B Development Juggernaut Current monthly average rent downtown $2.68 per square foot Development in East Village $6.4 billion in 63 projects under construction, approved or under review an amount equal to more than 40 percent of the 1,600-acre community s entire $15.5 billion in assessed valuation Active plans include more than 10,000 residences, 3,866 hotel rooms Projects nearing completion are a dual-hotel building at Lane Field at the foot of Broadway; a $555.5 million state courthouse opening next year at Union and C streets; and the 41-story Pacific Gate condo tower south of the Santa Fe Depot CivicSD says 1,248 apartment units were completed this year, bringing the total since 2001 to 6,075. Another 8,106 are in the works. http://www.sandiegouniontribune.com/news/2015/dec/27/downtown-development-office-retail-residential/2/?#article-copy Maker s Quarter Project began in April 2016 and is slated to finish by the end of 2022 Neighborhood comprised of Artists, Entrepreneurs, Innovators, and Makers, located in San Diego s East Village Active plans include an estimated 175,000 SF retail, 1,000,000 SF office, 700,000 SF residential, and 60,000 SF of public space, parks, and art Overflowing with artistic endeavors, ideas, resources, and creative learning opportunities, where San Diegans can live, work, play, and thrive http://www.makersquarter.com/about
Demographics Description 1 Mile 3 Mile 5 Mile Total % Total % Total %
Property Photos
Location Map