Three Governor Park

For Sale

5120 Shoreham Place, San Diego, CA 92122

This San Diego property for sale is located at 5120 Shoreham Place. The current listed sale price for Three Governor Park is $10,450,000.

Contacts

broker
Peter Curry

Cushman & Wakefield

broker
Brooks Campbell

Cushman & Wakefield

broker
Louay Alsadek

SharpLaunch

broker
Maddie Mawby

SharpLaunch

broker
Michael Novkov

Cushman & Wakefield

Property Details

  • Property Type Office
  • Year Built 1984
  • Date Updated Jan 17, 2025

Cushman & Wakefield, as exclusive advisor, is pleased to offer the excellent opportunity to acquire Three Governor Park (the “Project”), strategically located in the highly sought-after central submarket of Governor Park in San Diego, California. The Project consists of one free-standing courtyard-style office building totaling 39,081 square feet. Comprised of a strong, highly diversified tenant mix largely propelled by GSA tenants, Three Governor is 100% leased with an attractive WALT of 2.9 years.

Located south of UTC in the Golden Triangle, Governor Park is one of San Diego’s most central office markets with tremendous access to the region’s interstate system and nearby amenities. Historically, Governor Park has outperformed many of its competing submarkets with lower vacancy and higher lease rates.

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Highlights

  • 100% Leased with WALT of 2.9 Years
  • 60% leased to GSA Tenants
  • Impeccably Owned, Renovated, and Maintained by Historical Institutional Ownership
  • Strategic Central Location in the Golden Triangle
  • Intrinsic Value Below Replacement Cost
  • Zoning Allows for Medical Use

Getting around

  • 21/100

    Walk Score ®

  • 12/100

    Transit Score ®

  • 29/100

    Bike Score ®

Powered by Walk Score ®

Location

  • City San Diego, CA
  • Neighborhood University City
  • Zip Code 92122
  • Market San Diego

Points of Interest

  • UTC Transit Center

    1.98 miles

  • Nobel Drive

    2.76 miles

  • UC San Diego Central Campus

    3.19 miles

  • Hazard Center

    5.95 miles

  • Rio Vista

    6.06 miles

  • Morena/Linda Vista

    6.23 miles

  • Stadium

    6.30 miles

  • Mission San Diego

    6.62 miles

  • Old Town Transit Center

    6.89 miles

  • Grantville

    7.19 miles

  • Shell

    1.07 miles

  • World

    1.07 miles

  • Mobil

    1.12 miles

  • United Oil

    1.13 miles

  • Arco

    1.39 miles

  • Clairemont Auto Care

    1.42 miles

  • C&R

    1.46 miles

  • Stars & Stripes

    1.66 miles

  • Speedway

    1.78 miles

  • Chevron

    1.88 miles

  • Governor Drive Park and Ride

    0.32 miles

  • PV Parking Lot

    0.70 miles

  • UCHS Student Parking

    1.32 miles

  • Faculty Parking

    1.37 miles

  • Kaiser Permanente Parking

    1.84 miles

  • San Diego Unified School District Transportation Services

    2.15 miles

  • P782

    2.48 miles

  • San Diego California Temple parking lot

    2.64 miles

  • Vela

    2.67 miles

  • P704

    2.68 miles

  • Best Western Golden Triangle Inn

    1.47 miles

  • California Suites Hotel

    1.48 miles

  • Motel 6 San Diego North

    1.52 miles

  • Embassy Suites

    1.97 miles

  • San Diego Marriott La Jolla

    2.22 miles

  • Hyatt Regency La Jolla at Aventine

    2.61 miles

  • Residence Inn San Diego Central

    2.79 miles

  • Hampton Inn San Diego - Kearny Mesa

    2.80 miles

  • Ramada San Diego North Hotel & Conference Center;Ramada San Diego North Hotel and Conference Center

    2.85 miles

  • Sheraton La Jolla Hotel

    2.88 miles

  • Vons

    1.01 miles

  • Smart & Final

    1.42 miles

  • Sprouts Farmers Market

    1.67 miles

  • TJ Maxx

    1.78 miles

  • Macy's

    1.89 miles

  • Williams Sonoma

    1.90 miles

  • Westfield UTC

    1.92 miles

  • Ross

    1.92 miles

  • 99 Ranch Market

    1.99 miles

  • Burlington

    1.99 miles

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

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