NOT A PART
EXCLUSIVE BROKER:RANDY LACHANCE, SIOR | Senior Vice President | Lic. #00969674 | 858.458.3374 | [email protected]
PRELIMINARY NOTICE
KEARNY MESA - CONVOY PORTFOLIOONCE IN A LIFETIME OPPORTUNIT Y
CONVOY STREET
LONG TERM OWNERSHIP/RESIDENTIAL DEVELOPMENT OPPORTUNITY
Voit Real Estate Services is pleased to present this once in a lifetime opportunity to acquire a 100% leased mixed use (industrial/retail) site in Kearny Mesa, consisting of three (3) buildings totaling 86,918 square feet situated on 5.95 acres. This portfolio is located one block from Clairemont Mesa Boulevard and offers over 350 feet of Convoy Street frontage.
» Prime Kearny Mesa Submarket – one of San Diego’s Most Desirable Submarkets
» 100% Leased
» Credit Tenants – Dixieline, Starbucks Drive thru
» Current Zoning IL-3-1 is Scheduled to be Upgraded to Urban Employment Village - High (109 residential units per acre)
» Residential Redevelopment Opportunity
» Over 350 feet of Convoy Street Frontage
» 6 Tenants
» Near Exciting Convoy District
» Professionally Owned and Managed
» Ideally Suited for Long Term Ownership
» Estimated In-Place NOI - $1,480,018.00
Execute the attached Confidentiality Agreement to receive a complete offering memorandum.
4888 CONVOY STREET
7700 RONSON ROAD
4898 CONVOY STREET
Kearny Mesa Community Plan - January 2019 Draft
7
KEAR
NY V
ILLA
RD
WEST
CANYON AVE
STALMER ST AERO DR
FRIARS RD
RUFF
IN R
D
MIS
SIO
NCE
NTE
RRD SAN DIEGO MISSION RD
ARM
STRO
NG
ST
BALBOA AVE
LIND
A VI
STA
RD
MU
RRAY
RID
GE
RD
CLAIREMONT MESA BLVD
AFTO
N R
D
GRAMERCY DR
AER
O C
T
GENESEEAVE
MISSION
VILLAGE
DR
ASH
FORD
ST
MO
UNT
ALBER
TIN
EAV
E
SAN
DRO
CK R
D
OTHELLO AVE
HEA
LTH
CEN
TER
DR
ULRIC ST
COM
P LE X
ST
DO
LIVA
DR
CON
VOY
ST
CANN
ING
TON
DR
MU
RPH
YC
ANYON
RD
MOU
NTA
BER
NAT
HY
AVE
RONSON RD
MOUNT ALIFAN DR
GRE
YLIN
GDR
RUFFINCT
AUB
UR
ND
A LE
ST
DALEY
CEN
TERDR
SPECTRUM CENTER BLVD
MER
CUR
Y ST
ARMOUR STKE
ARNY
MES
A RD
ENGINEER RD
TIERRASANTA BLVD
PAR
AMO
UN
T D
R
RUFFN
ER ST
CHESA
PEAK
ED
R
RUFF
IN R
D
OV
ERLA
ND
AVE
VILLAGEGLEN DR
RIDGEHAVEN CT
LIGHTWAVE AVE
WAXIEWAY
OSTR
OW
ST
DAGGET ST
VIEWRID
GE
AVE
CAR
DIN
ST
SHAW
LIN
E ST
RON
SON
CT
OPPORTUNITY RD
CONVOY CT
TECH WAY
VICKERS ST
COPLEY DR
DUBONNETST
FARNHAM ST
TOPAZWAY
MAG
NATR
ON
BLVD
RAYTHEON RD
SKY PARK CT
GRA
NI
TE RIDGE
DR
CALLEF
ORTUNA DA
HIC
KMAN
FIEL
DD
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COPLEY PARK PL
COMPLEX DR
MESA COLLEGE CIR
MESA COLLEGE CIR
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MONTGOMERY -GIBBS EXECUTIVE AIRPORT
CLAIREMONT MESA BL
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BALBOA AV
STONE
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SERRA MESA
LINDA VISTA
CLAIREMONT MESA
MCAS MIRAMAR
MISSION VALLEY
TIERRASANTA
UNIVERSITY
0 1,000 2,000500Feeto
Copyright 2012 SanGIS - All Rights Reserved. Full text of this legalnotice can be found at: http://www.sangis.org/Legal_Notice.htm
Document Path: L:\GIS\PGIS\Community Planning\Kearny Mesa\Plan_Update\MXDs\Draft Plan Maps\Draft Proposed Land Use2.mxd
Montgomery-Gibbs Executive Airport
Community Plan Boundary
SOURCE: City of San Diego, SanGIS
LEGEND
Residential - Low (10-14 du/ac)
Residential - Medium (15-29 du/ac)
Residential - Medium High (30-44 du/ac)
Residential - High (45-74 du/ac)
Residential - Very High (75-109 du/ac)
Community Commercial
Community Commercial (0-29 du/ac)
Community Commercial (0-44 du/ac)
Community Commercial (0-109 du/ac)
Urban Employment Village - Medium (0-74 du/ac)
Urban Employment Village - High (0-109 du/ac)
Industrial and Technology Park
Urban Industrial
Technology Park
Institutional
Population-Based Park
Open Space
DRAFT Date: 1/3/2019Draft Proposed Land Use
Figure 1: Planned Land Use
Note: The Airport Influence Areas (AIA) of both the Montgomery-Gibbs Executive Airport and MCAS Miramar Airport Land Use Compatibility Plans (ALUCPs) extend into Kearny Mesa. Additional land use restrictions (e.g. lower residential density limits) may apply to properties within the AIA. Please refer to the Airport Land Use Compatibility Overlay Zone of the San Diego Municipal Code.
Kearny Mesa General Plan
The Kearny Mesa submarket is in the process of completing a new General Plan. The goal of this plan is to bring Kearny Mesa into the 21st century by enhancing it as a central county employment hub and increase its housing opportunities. The new plan should be approved and implemented in 2020. The Convoy Portfolio is scheduled to be rezoned to Urban Employment Village - High (up to 109 residential units/acre).
The Dixieline lease (3.72 acres) has a 12 month right to terminate clause if Landlord decides to redevelop the site as residential.
Urban Employment Village - High (0-109 du/ac)
Executive Summary - January 2019 Draft
8
Industrial and Technology Parks
Technology Park
Urban Industrial
Urban Employment Village - Medium
Urban Employment Village - High
A wide variety of industrial uses,
manufacturing, research and development,
and other industrial uses, such as storage
and distribution. Multi-tenant industrial,
office, and accessory uses are allowed.
High technology related to applied sciences,
office uses which provide functions directly
related to these high technology uses,
where business incubators with shared
amenities, and flexible innovation spaces are
encouraged.
Higher intensity employment uses such as
research and development, flexible work
spaces, and business/professional office
with active and enhanced streetscapes,
strong connections between blocks and to
amenities, and an urban character.
Mixed-use development and new urban
housing opportunities that support creative
employment live/work space as the primary
use. Active street frontages and pedestrian-
oriented design are encouraged.
High intensity, mixed-use infill. Employment,
office, and technology related uses with
complementary shopkeeper units and
commercial uses are encouraged. Housing
and employment integration is also
supported.
High intensity, mixed-use infill. Employment, office, and technology related uses with complementary shopkeeper units and commercial uses are encouraged. Housing and employment integration is also supported.
Convoy Portfolio
4180 La Jolla Village Drive, Suite 100, La Jolla, CA 92037 • 858.453.0505 • 858.408.3976 Fax • Lic #01991785 | www.voitco.com
Licensed as Real Estate Salespersons by the DRE. The information contained herein has been obtained from sources we deem reliable. While we have no reason to doubt its accuracy, we do not guarantee it. ©2019 Voit Real Estate Services, Inc. All Rights Reserved.
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INVESTMENT BROKER
RANDY LACHANCE, SIOR SENIOR VICE PRESIDENT | LIC 00969674 [email protected] | 858.458.3374
MARKET EXPERT
MARK CASTONSENIOR VICE PRESIDENT | LIC. #00883791 [email protected] | 858.458.3323
CONVOY PORTFOLIOFOR SALE
NOT APART
CONVOY ST
RA
YT
HE
ON
RDR
ON
SO
N R
D
LIFE CONCEPTS 7700
RO
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ON
RO
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4888 CONVOY STREET
4898 CONVOY STREET
DRIVE-THRU
