Marcus & Millichap is pleased to exclusively market for sale the fee simple
interest in a two-tenant absolute NNN retail condo located at the Northeast
corner of 6th Avenue and Cedar Street, below the 133-unit residential
condominium known as The Mills at Cortez Hill. 6th Avenue is the main entry
into Uptown and Downtown San Diego’s Central Business District. The Cortez
Hill neighborhood houses over 3,000 residential units, schools, churches
and Tweet Street Park. Commercial shops and sidewalk cafes line Fifth and
Sixth Avenue while Ash Street provides a gateway to the waterfront. As the
highest land mass in the Centre City Community Planning area, Cortez Hill
boasts views of urban San Diego, Balboa Park, the bay and Pacific Ocean.
The property boasts a prime location with exceptional connectivity,
situated just minutes from the I-5 freeway and within walking distance of
Balboa Park, San Diego’s cultural and recreational centerpiece. Cortez Hill’s
strategic position offers easy access to the bustling downtown core while
maintaining a quieter, more refined environment.
Anchored by 7-Eleven, an internationally recognized credit tenant, and
locally owned Barber Craft, the Property has long-served the communities
essential daily needs. Both tenants are paying below-market rents, providing
a dependable income stream with growth potential.