O L D T O W N P L A Z A

2251 San Diego Avenue, San Diego, CA 92110

M U LT I - T E N A N T O F F I C E P R OJ E C T I N V E S T M E N T O P P O R T U N I T Y

9 4 . 2 % L E A S E D | 6 6 , 5 5 3 S F | O L D T O W N

94 . 2 % L E A S E D | N E A R T E R M VA LU E C R E AT I O NOld Town Plaza is 94.2% leased to 23 tenants from a variety of industries, ranging in size

from 357 Sf to 10,223 SF with a weighted-average lease term remaining of 2.94 years, providing reliable in-place cash flow.

ST RAT E G I C ACC E S S

With direct access to two major arterial west coast highways, I-8 and I-5, Old Town Plaza has an undeniable competitive advantage in capturing tenants throughout San Diego County. Located in the

heart of San Diego, the Plaza is less than 10 minutes away from Downtown, multiple beaches, Little Italy, Balboa Park, and Fashion Valley. Old Town Plaza is also walking distance to Old Town’s MTS Transit Hub

(Coaster, Trolley, Bus).

C R E A T I V E O F F I C EO L D T O W N P L A Z A

C R E AT I V E O F F I C E | O P P O RT U N I ST I C O L D TOW N

Old Town Plaza’s modern creative office space differentiates it within the submarket. With the appropriate

balance between open and private workspace, Old Town Plaza transcends the traditional corporate

office environment. Design elements incorporated throughout the property inspire collaboration and

innovation within a market that has few differentiated office buildings.

MISSION HILLSMISSION HILLS

NORTH PARKNORTH PARK BANKERS HILLBANKERS HILLLITTLE ITALYLITTLE ITALY

DOWNTOWNDOWNTOWNCORONADO CORONADO

ISLANDISLAND

SAN DIEGOSAN DIEGOAIRPORTAIRPORT

BALBOA PARKBALBOA PARK

v

O L D T O W N P L A Z A

4747 Executive Drive, Suite 900 San Diego, CA 92121

858.452.6500 | 858.630.6320 cushmanwakefield.com

RICK REEDERExecutive Managing Director858.546.5405rick.reeder@cushwake.comCA License #00847576

BRAD TECCAExecutive Director858.546.5420brad.tecca@cushwake.comCA License #01204598

OLD TOWN PLAZA

CHESAPEAKE PARK PLAZA

PORTFOLIO TOTALS

SUBMARKET Old Town Kearny Mesa --

ADDRESS 2251 San Diego Avenue

9665 Chesapeake Drive --

TOTAL SF 66,553 SF 92,881 SF 159,434 SFPERCENTAGE LEASED 94.2% 97.5% 96.1%

IN-PLACE NOI $1,573,392 $1,991,645 $3,582,429% BELOW MARKET -12.5% -9.4% -10.7%

WALT 2.94 Years 3.91 Years 3.51 Years

Old Town Plaza can be acquired in conjunction with Chesapeake Park Plaza, creating an approximate 159,434 SF portfolio.

-12.5%BELOW

MARKET RENTS

23 TENANTS

94.2% LEASED

$1,573,392 IN-PLACE NOI

66,553 SF

2.94 YEARS

WALT