Three Governor Park
5120 Shoreham Place, San Diego
The Offering
Summary
-
Address
5120 Shoreham Pl.
San Diego, CA 92122 - Lot Size 2.45 AC
- Building Size 39,081 SF
- Zoning CO-3-3 (Allows Medical)
- Occupancy 100%
- Parking 3.8/1,000 USF
- Year Built 1984
- Asking Price $10,450,000 ($267/SF)
Cushman & Wakefield, as exclusive advisor, is pleased to offer the excellent opportunity to acquire Three Governor Park (the “Project”), strategically located in the highly sought-after central submarket of Governor Park in San Diego, California. The Project consists of one free-standing courtyard-style office building totaling 39,081 square feet. Comprised of a strong, highly diversified tenant mix largely propelled by GSA tenants, Three Governor is 100% leased with an attractive WALT of 2.9 years.
Located south of UTC in the Golden Triangle, Governor Park is one of San Diego’s most central office markets with tremendous access to the region’s interstate system and nearby amenities. Historically, Governor Park has outperformed many of its competing submarkets with lower vacancy and higher lease rates.
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