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5080 Shoreham Pl - Vitality at Governor Park 1,010 - 6,637 SF Office/Medical Condo Units Offered at $873,328 - $5,738,889 CAD Per Unit in San Diego, CA 92122



Investment Highlights
- Adjacent to UTC & the Golden Triangle, amongst Fortune 500 companies including UCSD, Apple, Amazon, Google, Scripps, Qualcomm, Illumina, & Pfizer
- Freshly renovated the campus with luxury finishes, excellent glass lines, & abundant natural light in a professional, park-like environment
- SBA financing is available with just a 10% down payment, giving small business owners a path to purchase and control their own dedicated office space
- Variety of suites ideal for small businesses and owner users, ranging from ±748 to ±6,637 SF, all zoned to allow medical uses
- 154 total parking spaces (112 surface and 42 covered underground stalls) & excellent freeway access via I-805 with improved construction underway
- Own-vs-lease model on a 1,000 SF suite shows an est. $44,253 annual wealth creation & $663,794 in 15-year wealth creation through ownership benefits
Data Room Click Here to Access
- Offering Memorandum
7 Units Available
- Unit
- Unit Size
- Condo Use
- Price
- NOI
| Sale Type | Owner User |
| Sale Type | Owner User |
The site is located in Governor Park amongst San Diego’s most dense concentration of Fortune 500 companies with neighbors such as UCSD, Apple, Amazon, Google, Scripps, Qualcomm, Illumina, Pfizer and many other leading tech, biotech, and professional services firms. Bolstered by its central location, easy access to the
transportation network, and immediate adjacent to higher-cost alternatives, Governor Park is the ideal location for an office user. The submarket has approximately 900,000 SF total and the third lowest vacancy rate in Central San Diego at 6.3%.
CAST specializes in boutique, opportunistic investment and development projects that capitalize on our brokerage relations and deep understanding of the San Diego market. We are excited to bring Four Governor to the market and showcase the ideal setting for office / medical office condominium users in Central SD.
| Sale Type | Owner User |
| Sale Type | Owner User |
The site is located in Governor Park amongst San Diego’s most dense concentration of Fortune 500 companies with neighbors such as UCSD, Apple, Amazon, Google, Scripps, Qualcomm, Illumina, Pfizer and many other leading tech, biotech, and professional services firms. Bolstered by its central location, easy access to the
transportation network, and immediate adjacent to higher-cost alternatives, Governor Park is the ideal location for an office user. The submarket has approximately 900,000 SF total and the third lowest vacancy rate in Central San Diego at 6.3%.
CAST specializes in boutique, opportunistic investment and development projects that capitalize on our brokerage relations and deep understanding of the San Diego market. We are excited to bring Four Governor to the market and showcase the ideal setting for office / medical office condominium users in Central SD.
| Sale Type | Owner User |
| Sale Type | Owner User |
The site is located in Governor Park amongst San Diego’s most dense concentration of Fortune 500 companies with neighbors such as UCSD, Apple, Amazon, Google, Scripps, Qualcomm, Illumina, Pfizer and many other leading tech, biotech, and professional services firms. Bolstered by its central location, easy access to the
transportation network, and immediate adjacent to higher-cost alternatives, Governor Park is the ideal location for an office user. The submarket has approximately 900,000 SF total and the third lowest vacancy rate in Central San Diego at 6.3%.
CAST specializes in boutique, opportunistic investment and development projects that capitalize on our brokerage relations and deep understanding of the San Diego market. We are excited to bring Four Governor to the market and showcase the ideal setting for office / medical office condominium users in Central SD.
| Sale Type | Owner User |
| Sale Type | Owner User |
unified, contiguous space.
| Sale Type | Owner User |
| Sale Type | Owner User |
The site is located in Governor Park amongst San Diego’s most dense concentration of Fortune 500 companies with neighbors such as UCSD, Apple, Amazon, Google, Scripps, Qualcomm, Illumina, Pfizer and many other leading tech, biotech, and professional services firms. Bolstered by its central location, easy access to the
transportation network, and immediate adjacent to higher-cost alternatives, Governor Park is the ideal location for an office user. The submarket has approximately 900,000 SF total and the third lowest vacancy rate in Central San Diego at 6.3%.
CAST specializes in boutique, opportunistic investment and development projects that capitalize on our brokerage relations and deep understanding of the San Diego market. We are excited to bring Four Governor to the market and showcase the ideal setting for office / medical office condominium users in Central SD.
| Sale Type | Owner User |
| Sale Type | Owner User |
The site is located in Governor Park amongst San Diego’s most dense concentration of Fortune 500 companies with neighbors such as UCSD, Apple, Amazon, Google, Scripps, Qualcomm, Illumina, Pfizer and many other leading tech, biotech, and professional services firms. Bolstered by its central location, easy access to the
transportation network, and immediate adjacent to higher-cost alternatives, Governor Park is the ideal location for an office user. The submarket has approximately 900,000 SF total and the third lowest vacancy rate in Central San Diego at 6.3%.
CAST specializes in boutique, opportunistic investment and development projects that capitalize on our brokerage relations and deep understanding of the San Diego market. We are excited to bring Four Governor to the market and showcase the ideal setting for office / medical office condominium users in Central SD.
| Sale Type | Owner User |
| Sale Type | Owner User |
The site is located in Governor Park amongst San Diego’s most dense concentration of Fortune 500 companies with neighbors such as UCSD, Apple, Amazon, Google, Scripps, Qualcomm, Illumina, Pfizer and many other leading tech, biotech, and professional services firms. Bolstered by its central location, easy access to the
transportation network, and immediate adjacent to higher-cost alternatives, Governor Park is the ideal location for an office user. The submarket has approximately 900,000 SF total and the third lowest vacancy rate in Central San Diego at 6.3%.
CAST specializes in boutique, opportunistic investment and development projects that capitalize on our brokerage relations and deep understanding of the San Diego market. We are excited to bring Four Governor to the market and showcase the ideal setting for office / medical office condominium users in Central SD.
| Unit | Unit Size | Condo Use | Price | NOI |
| Unit 102 | 1,010 SF | Office/Medical | $873,328 CAD ($864.68 CAD/SF) | - |
| Unit 103 | 2,333 SF | Office/Medical | $2,017,301 CAD ($864.68 CAD/SF) | - |
| Unit 105 | 4,124 SF | Office/Medical | $3,565,945 CAD ($864.68 CAD/SF) | - |
| Unit A | 6,637 SF | Office/Medical | $5,738,889 CAD ($864.68 CAD/SF) | - |
| Unit 200 | 1,177 SF | Office/Medical | $1,017,730 CAD ($864.68 CAD/SF) | - |
| Unit 201 | 1,260 SF | Office/Medical | $1,089,498 CAD ($864.68 CAD/SF) | - |
| Unit 203 | 2,117 SF | Office/Medical | $1,830,530 CAD ($864.68 CAD/SF) | - |
Unit 102
| Unit Size |
| 1,010 SF |
| Condo Use |
| Office/Medical |
| Price |
| $873,328 CAD ($864.68 CAD/SF) |
| NOI |
| - |
Unit 103
| Unit Size |
| 2,333 SF |
| Condo Use |
| Office/Medical |
| Price |
| $2,017,301 CAD ($864.68 CAD/SF) |
| NOI |
| - |
Unit 105
| Unit Size |
| 4,124 SF |
| Condo Use |
| Office/Medical |
| Price |
| $3,565,945 CAD ($864.68 CAD/SF) |
| NOI |
| - |
Unit A
| Unit Size |
| 6,637 SF |
| Condo Use |
| Office/Medical |
| Price |
| $5,738,889 CAD ($864.68 CAD/SF) |
| NOI |
| - |
Unit 200
| Unit Size |
| 1,177 SF |
| Condo Use |
| Office/Medical |
| Price |
| $1,017,730 CAD ($864.68 CAD/SF) |
| NOI |
| - |
Unit 201
| Unit Size |
| 1,260 SF |
| Condo Use |
| Office/Medical |
| Price |
| $1,089,498 CAD ($864.68 CAD/SF) |
| NOI |
| - |
Unit 203
| Unit Size |
| 2,117 SF |
| Condo Use |
| Office/Medical |
| Price |
| $1,830,530 CAD ($864.68 CAD/SF) |
| NOI |
| - |
Unit 102
| Unit Size | 1,010 SF |
| Condo Use | Office/Medical |
| Price | $873,328 CAD ($864.68 CAD/SF) |
| NOI | - |
| Sale Type | Owner User |
| Description | |
| Contiguous for 6,637 SF | |
| Sale Notes | |
|
Cast Capital Partners is pleased to present Four Governor, the latest office/medical office condominium project. Located in Governor Park, adjacent to UTC and the “Golden Triangle” this innovative and highly functional two-story 2-building property hosts incredible features for small tenants. The property sits in a parklike setting with natural light and offers underground parking. The office user trend is strongly indicating that small business owners want to own their own real estate and control a piece of Southern CA real estate to suit their office needs. The property will feature 22 units with up to 36 units for sale. The site is located in Governor Park amongst San Diego’s most dense concentration of Fortune 500 companies with neighbors such as UCSD, Apple, Amazon, Google, Scripps, Qualcomm, Illumina, Pfizer and many other leading tech, biotech, and professional services firms. Bolstered by its central location, easy access to the transportation network, and immediate adjacent to higher-cost alternatives, Governor Park is the ideal location for an office user. The submarket has approximately 900,000 SF total and the third lowest vacancy rate in Central San Diego at 6.3%. CAST specializes in boutique, opportunistic investment and development projects that capitalize on our brokerage relations and deep understanding of the San Diego market. We are excited to bring Four Governor to the market and showcase the ideal setting for office / medical office condominium users in Central SD. |
Unit 103
| Unit Size | 2,333 SF |
| Condo Use | Office/Medical |
| Price | $2,017,301 CAD ($864.68 CAD/SF) |
| NOI | - |
| Sale Type | Owner User |
| Description | |
| Contiguous for 6,637 SF | |
| Sale Notes | |
|
Cast Capital Partners is pleased to present Four Governor, the latest office/medical office condominium project. Located in Governor Park, adjacent to UTC and the “Golden Triangle” this innovative and highly functional two-story 2-building property hosts incredible features for small tenants. The property sits in a parklike setting with natural light and offers underground parking. The office user trend is strongly indicating that small business owners want to own their own real estate and control a piece of Southern CA real estate to suit their office needs. The property will feature 22 units with up to 36 units for sale. The site is located in Governor Park amongst San Diego’s most dense concentration of Fortune 500 companies with neighbors such as UCSD, Apple, Amazon, Google, Scripps, Qualcomm, Illumina, Pfizer and many other leading tech, biotech, and professional services firms. Bolstered by its central location, easy access to the transportation network, and immediate adjacent to higher-cost alternatives, Governor Park is the ideal location for an office user. The submarket has approximately 900,000 SF total and the third lowest vacancy rate in Central San Diego at 6.3%. CAST specializes in boutique, opportunistic investment and development projects that capitalize on our brokerage relations and deep understanding of the San Diego market. We are excited to bring Four Governor to the market and showcase the ideal setting for office / medical office condominium users in Central SD. |
Unit 105
| Unit Size | 4,124 SF |
| Condo Use | Office/Medical |
| Price | $3,565,945 CAD ($864.68 CAD/SF) |
| NOI | - |
| Sale Type | Owner User |
| Sale Notes | |
|
Cast Capital Partners is pleased to present Four Governor, the latest office/medical office condominium project. Located in Governor Park, adjacent to UTC and the “Golden Triangle” this innovative and highly functional two-story 2-building property hosts incredible features for small tenants. The property sits in a parklike setting with natural light and offers underground parking. The office user trend is strongly indicating that small business owners want to own their own real estate and control a piece of Southern CA real estate to suit their office needs. The property will feature 22 units with up to 36 units for sale. The site is located in Governor Park amongst San Diego’s most dense concentration of Fortune 500 companies with neighbors such as UCSD, Apple, Amazon, Google, Scripps, Qualcomm, Illumina, Pfizer and many other leading tech, biotech, and professional services firms. Bolstered by its central location, easy access to the transportation network, and immediate adjacent to higher-cost alternatives, Governor Park is the ideal location for an office user. The submarket has approximately 900,000 SF total and the third lowest vacancy rate in Central San Diego at 6.3%. CAST specializes in boutique, opportunistic investment and development projects that capitalize on our brokerage relations and deep understanding of the San Diego market. We are excited to bring Four Governor to the market and showcase the ideal setting for office / medical office condominium users in Central SD. |
Unit A
| Unit Size | 6,637 SF |
| Condo Use | Office/Medical |
| Price | $5,738,889 CAD ($864.68 CAD/SF) |
| NOI | - |
| Sale Type | Owner User |
| Sale Notes | |
|
Suites 102, 103, 200, and 203 stack directly above each other, offering 6,637 SF of unified, contiguous space. |
Unit 200
| Unit Size | 1,177 SF |
| Condo Use | Office/Medical |
| Price | $1,017,730 CAD ($864.68 CAD/SF) |
| NOI | - |
| Sale Type | Owner User |
| Description | |
| (Contiguous for 3,271 SF) | |
| Sale Notes | |
|
Cast Capital Partners is pleased to present Four Governor, the latest office/medical office condominium project. Located in Governor Park, adjacent to UTC and the “Golden Triangle” this innovative and highly functional two-story 2-building property hosts incredible features for small tenants. The property sits in a parklike setting with natural light and offers underground parking. The office user trend is strongly indicating that small business owners want to own their own real estate and control a piece of Southern CA real estate to suit their office needs. The property will feature 22 units with up to 36 units for sale. The site is located in Governor Park amongst San Diego’s most dense concentration of Fortune 500 companies with neighbors such as UCSD, Apple, Amazon, Google, Scripps, Qualcomm, Illumina, Pfizer and many other leading tech, biotech, and professional services firms. Bolstered by its central location, easy access to the transportation network, and immediate adjacent to higher-cost alternatives, Governor Park is the ideal location for an office user. The submarket has approximately 900,000 SF total and the third lowest vacancy rate in Central San Diego at 6.3%. CAST specializes in boutique, opportunistic investment and development projects that capitalize on our brokerage relations and deep understanding of the San Diego market. We are excited to bring Four Governor to the market and showcase the ideal setting for office / medical office condominium users in Central SD. |
Unit 201
| Unit Size | 1,260 SF |
| Condo Use | Office/Medical |
| Price | $1,089,498 CAD ($864.68 CAD/SF) |
| NOI | - |
| Sale Type | Owner User |
| Sale Notes | |
|
Cast Capital Partners is pleased to present Four Governor, the latest office/medical office condominium project. Located in Governor Park, adjacent to UTC and the “Golden Triangle” this innovative and highly functional two-story 2-building property hosts incredible features for small tenants. The property sits in a parklike setting with natural light and offers underground parking. The office user trend is strongly indicating that small business owners want to own their own real estate and control a piece of Southern CA real estate to suit their office needs. The property will feature 22 units with up to 36 units for sale. The site is located in Governor Park amongst San Diego’s most dense concentration of Fortune 500 companies with neighbors such as UCSD, Apple, Amazon, Google, Scripps, Qualcomm, Illumina, Pfizer and many other leading tech, biotech, and professional services firms. Bolstered by its central location, easy access to the transportation network, and immediate adjacent to higher-cost alternatives, Governor Park is the ideal location for an office user. The submarket has approximately 900,000 SF total and the third lowest vacancy rate in Central San Diego at 6.3%. CAST specializes in boutique, opportunistic investment and development projects that capitalize on our brokerage relations and deep understanding of the San Diego market. We are excited to bring Four Governor to the market and showcase the ideal setting for office / medical office condominium users in Central SD. |
Unit 203
| Unit Size | 2,117 SF |
| Condo Use | Office/Medical |
| Price | $1,830,530 CAD ($864.68 CAD/SF) |
| NOI | - |
| Sale Type | Owner User |
| Description | |
| Contiguous for 6,637 SF | |
| Sale Notes | |
|
Cast Capital Partners is pleased to present Four Governor, the latest office/medical office condominium project. Located in Governor Park, adjacent to UTC and the “Golden Triangle” this innovative and highly functional two-story 2-building property hosts incredible features for small tenants. The property sits in a parklike setting with natural light and offers underground parking. The office user trend is strongly indicating that small business owners want to own their own real estate and control a piece of Southern CA real estate to suit their office needs. The property will feature 22 units with up to 36 units for sale. The site is located in Governor Park amongst San Diego’s most dense concentration of Fortune 500 companies with neighbors such as UCSD, Apple, Amazon, Google, Scripps, Qualcomm, Illumina, Pfizer and many other leading tech, biotech, and professional services firms. Bolstered by its central location, easy access to the transportation network, and immediate adjacent to higher-cost alternatives, Governor Park is the ideal location for an office user. The submarket has approximately 900,000 SF total and the third lowest vacancy rate in Central San Diego at 6.3%. CAST specializes in boutique, opportunistic investment and development projects that capitalize on our brokerage relations and deep understanding of the San Diego market. We are excited to bring Four Governor to the market and showcase the ideal setting for office / medical office condominium users in Central SD. |
Property Facts
| Total Building Size | 23,310 SF | Typical Floor Size | 11,655 SF |
| Property Type | Office | Year Built | 1986 |
| Building Class | B | Lot Size | 1.18 AC |
| Floors | 2 | Parking Ratio | 3.7/1,000 SF |
| Zoning | C - Commercial | ||
| Total Building Size | 23,310 SF |
| Property Type | Office |
| Building Class | B |
| Floors | 2 |
| Typical Floor Size | 11,655 SF |
| Year Built | 1986 |
| Lot Size | 1.18 AC |
| Parking Ratio | 3.7/1,000 SF |
| Zoning | C - Commercial |
Amenities
- Property Manager on Site
- Signage
- Monument Signage
Sustainability
Sustainability
ENERGY STAR® Energy Star is a program run by the U.S. Environmental Protection Agency (EPA) and U.S. Department of Energy (DOE) that promotes energy efficiency and provides simple, credible, and unbiased information that consumers and businesses rely on to make well-informed decisions. Thousands of industrial, commercial, utility, state, and local organizations partner with the EPA to deliver cost-saving energy efficiency solutions that protect the climate while improving air quality and protecting public health. The Energy Star score compares a building’s energy performance to similar buildings nationwide and accounts for differences in operating conditions, regional weather data, and other important considerations. Certification is given on an annual basis, so a building must maintain its high performance to be certified year to year. To be eligible for Energy Star certification, a building must earn a score of 75 or higher on EPA’s 1 – 100 scale, indicating that it performs better than at least 75 percent of similar buildings nationwide. This 1 – 100 Energy Star score is based on the actual, measured energy use of a building and is calculated within EPA’s Energy Star Portfolio Manager tool.
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5080 Shoreham Pl - Vitality at Governor Park
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