1133 Columbia Street | San Diego, CA

High-end creative office building that is currently 50% leased providing positive cash-flow after debt service for a new owner while occupying and owning one of downtown’s most unique buildings. The estimated occupancy cost is minimal given the partially leased income, depreciation write-off, etc. This is important for business owners who strive to not only minimize expenses, but rather have their business occupancy contribute to their investment portfolio.

Excellent curb appeal as the building has been completely remodeled and repositioned into a modern creative office building with an “open air free flow” concept. This includes exposed ceilings, ducting and support beams. The demand for creative nontraditional low ceiling type properties continues to diminish while demand for more collaborative open ceiling office buildings, such as the subject property, continues to flourish. This significant office trend furthers the buildings long-term appreciation.