1946-1956 Balboa Ave - Freestanding FOR SALE


San Diego, CA 92109
$1,650,000 USD
858-646-4749
1946-1956 Balboa Ave, San Diego, CA for Sale
$1,650,000 USD
Freestanding - FOR SALE
1/10
null | 5.79% Cap Rate

1946-1956 Balboa Ave
San Diego, CA 92109


HIGHLIGHTS

  • HIGH TRAFFIC | EXCELLENT VISIBILITY 
  • EXTREMELY AFFLUENT, DENSE SAN DIEGO COUNTY DEMOGRAPHICS

OVERVIEW

Located in the heart of Pacific Beach, just blocks from the beach and bay, the site is conveniently located between the two major commercial thoroughfares, Balboa Avenue and Grand Avenue with easy access to I-5.  The offering has fantastic exposure in one of the most dynamic retail corridors in San Diego, benefiting from high traffic from both locals and visitors. This is a rare opportunity to own a dense, infill, coastal location. The market’s high barriers of entry, make this an irreplaceable asset. This investment is 100% leased and includes four NNN retail tenants and two residential units.

FOR SALE DETAILS

PRICE

$1,650,000 USD

PRICE/SF

$594 USD /SF

CAP RATE

5.79%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

ADD'L SUBTYPES

Storefront, Storefront Retail/Residential, Office/Residential

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1956

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.09 AC

LAND SF

3,920 SF

ZONING

CC-4-2, San Diego

APN/PARCEL ID

424-042-13

ASK ABOUT THIS PROPERTY

Michael PetersonCBRE, Inc.More Info
858-646-4749

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Michael PetersonCBRE, Inc.More Info
858-646-4749

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.