2121-2127 Adams Ave - Storefront Retail/Office FOR SALE


San Diego, CA 92116
$2,650,000 USD
619-398-8902
2121-2127 Adams Ave, San Diego, CA for Sale
$2,650,000 USD
Storefront Retail/Office - FOR SALE
1/9
null | 4.87% Cap Rate

2121-2127 Adams Ave
San Diego, CA 92116


HIGHLIGHTS

  • Highly desirable area in University Heights on Adams Avenue adjacent Trolley Barn Park.
  • High barriers to entry for retail and restaurant operators.
  • Seasoned tenant based provides income stability.
  • Tenant base includes Soichi Sushi, awarded of a Michelin Star in 2021 and De Nada Kitchen & Market whose chef has multiple Food Network appearances.

OVERVIEW

This mixed-use investment property is located on Adams Avenue in the University Heights neighborhood of San Diego. The ground floor has a strong retail tenant mix with Michelin Star rated Soichi Sushi, Hatzusakura, and Let Your Hair Down Salon. The second floor consists of 3 offices suites and a 3-bedroom/2-bathroom apartment with a patio and two car garage. University Heights is one of San Diego’s most sought-after neighborhoods with high barriers to entry. Over 224,000 people reside within a 3-mile radius of this property with an average household income of over $81,000.

FOR SALE DETAILS

PRICE

$2,650,000 USD

PRICE/SF

$461 USD /SF

CAP RATE

4.87%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Adams Avenue Mixed Use

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Office

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1974

SPRINKLERS

-

PARKING SPACES

2

LAND DETAILS

LAND ACRES

0.08 AC

LAND SF

3,485 SF

ZONING

CL-5

APN/PARCEL ID

445-061-27

ASK ABOUT THIS PROPERTY

Justin EarleyJudd Inc.More Info
619-398-8902

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Justin EarleyJudd Inc.More Info
619-398-8902

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