Multi-Tenant Office Building Appraisal in San Diego

We recently just appraised a multi-tenant office building located in the Mission Valley area of San Diego. The office building was constructed in 1973 and is 75% occupied by eight tenants. The property totals 29,532 square feet and is situated on a 1.11-acre site. The property has parking ration of 4.0 spaces per 1,000 SF. This commercial appraisal was conducted for a national financial institution.