285 J St - Restaurant CONDO FOR SALE


San Diego, CA 92101- Marina District
$6,885,000 USD
858-373-3184
285 J St, San Diego, CA for Sale
$6,885,000 USD
Restaurant CONDO - FOR SALE
1/11
null | 6.5% Cap Rate

285 J St
San Diego, CA 92101
Marina District


HIGHLIGHTS

  • Trophy Urban Infill High Quality Condo Investment - Strong Sales w/ Year-Over-Year Increases. 29+Yr Historical Occupancy w/ Multiple Lease Extensions.
  • Ample Designated Parking for Employees and Customers. Features Valet and Street Entrance for Seamless Access.
  • Dynamic Location in the Heart of San Diego - Ultra High Barrier to Entry Location.
  • Ideally Surrounded by Hotels, Numerous New Luxury Multifamily Complexes, Offices, Businesses, Shops and Entertainment Destinations.
  • Across the Street from the Convention Center, Featuring 100+ Events and 736k+ Visitors Annually, Generating $1.4 Billion in Regional Economic Impact.
  • Located at the Bottom Floor of a Twin 20-Story Luxury High-Rise Development, the Harbor Club - Downtown’s First Luxury Residential Towers Featuring.

OVERVIEW

Recent Lease Extension - 29+ Year Historical Occupancy | Irreplaceable Urban Real Estate | Located in the Heart of the Dynamic Downtown San Diego’s Marina District | Base of the Harbor Club - One of San Diego’s most sought-after Luxury High-Rises | Extremely Dense San Diego Submarket | Across from the Convention Center | Walking Distance from the Gaslamp Quarter (10M+ Annual Visitors) & Petco Park - Home of the San Diego Padres (3.3M+ Annual Attendees)

FOR SALE DETAILS

PRICE

$6,885,000 USD

PRICE/SF

$773 USD /SF

CAP RATE

6.5%

# OF UNITS

1

CONDO SIZE

-

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

MORTON'S THE STEAKHOUSE (LANDRY'S)

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

ADD'L SUBTYPES

Bar, Fast Food, Storefront

TOTAL BUILDING SIZE

8,905 SF

STORIES

1

BUILDING CLASS

A

YEAR BUILT

1993

SPRINKLERS

-

PARKING SPACES

81

LAND DETAILS

LAND ACRES

0.2 AC

LAND SF

8,905 SF

ZONING

C-1

APN/PARCEL ID

535-347-15-08

ASK ABOUT THIS PROPERTY

Alvin MansourThe Mansour Group of Marcus & MillichapMore Info
858-373-3184

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Alvin MansourThe Mansour Group of Marcus & MillichapMore Info
858-373-3184

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