2101 Fern St - Convenience Store FOR SALE


San Diego, CA 92104- South Park
$3,780,000 USD
949-468-2315
2101 Fern St, San Diego, CA for Sale
$3,780,000 USD
Convenience Store - FOR SALE
1/4
null | 4.5% Cap Rate

2101 Fern St
San Diego, CA 92104
South Park


HIGHLIGHTS

  • Fee Simple Ownership with tax benefits of depreciation
  • Anchored by 7- Eleven, 2 Stable Long Term NNN tenants, minimal management responsibilities
  • Phase II Environmental Assessment in Dec. 2024, confirming "no further investigation" required.
  • Prime Location in South Park, San Diego
  • Adjacent to Target Store
  • Strong Demographic Profile Over 310,000 residents within 3 Miles radius

OVERVIEW

NAI Capital | Mehran Foroughi is pleased to present a prime 2-tenant retail property in San Diego. Situated on the corner of Fern Street and Hawthorn Street in South North Park, this property benefits from strong visibility and foot traffic. It is adjacent to a Target store and just minutes from Balboa Park—a historic 1,200-acre cultural hub featuring museums, theaters, restaurants, and the renowned San Diego Zoo. This well-established property is anchored by two long-term tenants: 7-Eleven, in place since 1978 Laundromat, operating since 1999 The property offers on-site parking, along with ample free parking on both the front and side streets, ensuring convenience for customers.

FOR SALE DETAILS

PRICE

$3,780,000 USD

PRICE/SF

$756 USD /SF

CAP RATE

4.5%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

7-Eleven

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Convenience Store

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1978

SPRINKLERS

-

PARKING SPACES

12

LAND DETAILS

LAND ACRES

0.32 AC

LAND SF

13,983 SF

ZONING

GH-CC, San Diego

APN/PARCEL ID

539-161-26

ASK ABOUT THIS PROPERTY

Mehran ForoughiNAI CapitalMore Info
949-468-2315

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Mehran ForoughiNAI CapitalMore Info
949-468-2315

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