2801-2811 University Ave - Storefront FOR SALE


San Diego, CA 92104
$5,400,000 USD
858-546-4651
2801-2811 University Ave, San Diego, CA for Sale
$5,400,000 USD
Storefront - FOR SALE
1/10
null | Request Cap Rate

2801-2811 University Ave
San Diego, CA 92104


HIGHLIGHTS

  • Heavy Daytime Foot Traffic
  • High Traffic & Excellent Visibility
  • Located in the Heart of North Park

OVERVIEW

The North Park trade area has undergone a resurgence, and is viewed as one of the strongest retail trade areas in the County. It is considered a culturally diverse area, with art galleries, boutiques, trendy bars, many breweries, and trendy restaurants. The on-going redevelopment has seen an increasing demand for this trade area. The building is a two-tenant building of approximately 9,000 SF. The subject is located on the SEC of University Avenue and 28th Street. The building is a two tenant building, 50% NNN leased, to long term tenant, The Mission Café. The site offers the opportunity to capitalize on the ability to own in San Diego – a purchaser could occupy vs. lease and enjoy pride of ownership along with equity appreciation. A purchase also allows for the opportunity for SBA financing to increase investment returns.

FOR SALE DETAILS

PRICE

$5,400,000 USD

PRICE/SF

$600 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront

ADD'L SUBTYPES

Freestanding, Restaurant, Storefront Retail/Office

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1924

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.21 AC

LAND SF

9,148 SF

ZONING

C

APN/PARCEL ID

453-111-01

ASK ABOUT THIS PROPERTY

Joel WilsonCBRE, Inc.More Info
858-546-4651

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Joel WilsonCBRE, Inc.More Info
858-546-4651

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