Sorrento Mesa Crossroads — Lease in San Diego, CA

  • Price: Contact for price
  • Listing type: For lease
  • Asset type: Retail Business
  • Location: San Diego, CA 92121

Description

Surrounded by 15 million square feet of office/flex space with 31,155 employees within a 1-mile radius, the corporate campuses of Qualcomm, Dexcom, Curology, BluPeak Credit Union and Becton, Dickinson and Company ae in direct proximity to the project. Generous parking ratio and lush landscaping provide an inviting shopping atmosphere. The center boasts an attractive tenant mix including restaurants, daycare, service tenants and a convenience store.

Market Context

This retail in San Diego, CA is listed for lease. It has been on the market for 53 days. Compare it against other retail listings for lease in San Diego, CA — view the full market.

As of Q4 2025, the San Diego retail market showed a 4.4% vacancy rate, average asking rents near $27.24/SF/yr, and cap rates around 5.8%. Source: multiple brokerage reports, Q4 2025.

Tight vacancy keeps competition for quality space elevated.

Retail market FAQ

What is the typical cap rate for retail in San Diego?
About 5.8% as of Q4 2025, per multiple brokerage reports.
Is the San Diego retail market tightening or softening?
Vacancy is around 4.4% (Q4 2025).

Estimated Market Rate

$1.93/SF/mo – $2.61/SF/mo

Mid: $2.27/SF/mo

Rate estimator only; cost-of-business estimate unavailable.

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