RiverEdge Mission Gorge

JLL, as exclusive advisor, is pleased to present for sale RiverEdge Mission Gorge (the “Offering” or the “Property”), a highly flexible infill development opportunity located within one of San Diego’s most established and centrally located submarkets. The Property consists of a ±9.77-acre site, including approximately ±5 buildable acres after accounting for site constraints, currently improved with two existing three-story office buildings totaling approximately ±65,412 square feet. Each building comprises approximately ±32,706 square feet.

The Offering presents a compelling opportunity for redevelopment, including the potential for both rental and for-sale residential product in a supply-constrained, high-barrier-to-entry location. The site is zoned RM-3-7, which permits one dwelling unit per 1,000 square feet of lot area, and also qualifies for Tier 4 under the Complete Communities Housing Solutions framework, permitting a maximum FAR of up to 4.0. This zoning profile provides significant long-term optionality for higher-density residential development, mixed-use conversion, or expansion, subject to future entitlements and approvals.

In addition to its residential redevelopment potential, the Property also supports alternative execution strategies, including owner-user occupancy or acquisition by an investor seeking to reposition and lease the existing office improvements. Both buildings are currently owner-occupied by existing ownership, with no plans for a sale-leaseback upon disposition, allowing an incoming buyer immediate occupancy or the flexibility to implement a value-add office strategy.