LA MESA, San Diego, Calif. (March 9, 2023) – 1,867 Sq. ft. office building located at 5400 Connecticut Ave., La Mesa, CA 91942 sold for $1,200,000 on January 27, 2023 Commercial Asset Advisors announced.
Roc Beas and Brian Jenkins of Commercial Asset Advisors represented the Buyer, The Oak Seed, LLC and the Seller, DSWM, LLC.
This small freestanding office building is an eco-friendly gem with all the modern amenities. Remodeled in 2014, the building boasts fully paid solar panels, which offer substantial energy savings for the savvy business owner. With ample parking available, employees and clients will find it easy to come and go. Convenient ADA access ensures that everyone can enter and navigate the space with ease. Wired with CAT 5 Internet throughout, this office building is perfect for any business that relies on lightning-fast connectivity. Its ideal location and eco-friendly features make it a fantastic opportunity for any business looking to elevate its brand and work in a space that reflects its values.
Commercial Asset Advisor’s extensive marketing techniques lead to rapid sale of prime commercial property. 5400 Connecticut Avenue was sold in about 15 days thanks to CAA's marketing expertise, and efficient closing process.
Roc Beas, who is the Senior Vice President of Commercial Asset Advisors and one of the lead agents for this transaction, said it best, “The exceptional cooperation and teamwork displayed by both parties throughout the escrow process was key to the success of the transaction. I believe that the trust and open communication established between both parties, as well as our guidance and expertise, were instrumental in making this deal happen. The seller was able to quickly achieve a fair price for the building, after selling their business. And the buyer was able to acquire a rare, well located small office building in the robust and growing La Mesa submarket. Congratulations to all parties, on a true win-win situation.”
CAA's success in the sale of 5400 Connecticut Avenue showcases the value that expert brokerage services bring to complex commercial real estate transactions. Sellers can rely on CAA to achieve their objectives and secure a successful sale that meets their financial and strategic goals.
CAA has represented multiple buyers and sellers in all product types this year all over San Diego County, demonstrating the firm’s ability to maximize values regardless of product type, location, or situation.
For additional information, you may contact:
Roc Beas, Senior Vice President (DRE Lic. # 0198551), at roc@caacre.com
Brian Jenkins, CAA Principal (DRE Lic. #01814828), at brian@caacre.com
About Commercial Asset Advisors
Commercial Asset Advisors is a San Diego-based commercial real estate brokerage that specializes in serving the unique needs of individual private clients, as well as family offices, corporate, institutional, nonprofit and national organizations. As a full-service CRE firm, our team has assisted property owners from Central San Diego, North County, East County, South County and beyond to maximize the value of their investments including office, retail, industrial, apartment and multi—family, mixed-use projects, ground-up development tenant representation and much more. With experience earned through exceptional hard work, CAA has successfully completed over 1,500 sale and lease transactions totaling over $1.5 billion in consideration. CAA provides unmatched customer service and strategic advice in all areas, asset types, and transaction structures.