Updated Mar 26, 2026
San Diego Lighthouse Bible Church Acquires Office Building From Shoreham LLC For $13.5M
5015 Shoreham Place
$13,500,000
$527/SF
Building Size
25,600 SF
Asset Type
Office
Closing
Aug 21, 2025
About this deal
AI
San Diego Lighthouse Bible Church acquired an office property located at 5015 Shoreham Place in the San Diego market. The sale was finalized at a price of $13,500,000, resulting in a price per square foot of $527 for the 25,600 square foot facility situated on 2.47 acres.
Summary of transaction details:
- Property Type: Office
- Transaction Amount: $13,500,000
- Address: 5015 Shoreham Place
- Market: San Diego
- Total Square Footage: 25,600
- Price Per Square Foot: $527
- Seller: Shoreham LLC
- Buyer's Representative: Thomas Morgan & Anthony Acosta - Duhs Commercial
- Seller's Representatives: Matt Pourcho, Anthony DeLorenzo, Matt Harris & Casey Sterk - CBRE
The transaction involved San Diego Lighthouse Bible Church as the buyer and Shoreham LLC as the seller. The representatives from CBRE, consisting of Matt Pourcho, Anthony DeLorenzo, Matt Harris, and Casey Sterk, facilitated the sale on behalf of the seller, while the buyer was represented by Thomas Morgan and Anthony Acosta from Duhs Commercial.
On the Map
$13,500,000
$527/SF
Office
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Players
San Diego Office Market Snapshot
Boundary boundary · Office · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
1.18%
Cash-on-Cash
-0.34%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93