562-810-1282
435 4th Ave, San Diego, CA for Sale
Storefront - FOR SALE
1/5
null | Request Cap Rate

435 4th Ave
San Diego, CA 92101


HIGHLIGHTS

  • Immediate Value-Add Opportunity
  • Highly Affluent Demographics
  • Embedded Value From Attractive Parking Component
  • Rapidly Expanding Trade Area
  • Centrally Located in San Diego's Premier Tourism District
  • Direct Consumer Demand Through Conjoined Apartment Units

OVERVIEW

JLL, as an exclusive advisor, is pleased to present the opportunity to acquire Gaslamp Square (the “Property”), a 54,856 SF ground floor urban retail center and 541 space parking structure over 223 residential units located in the heart of downtown San Diego, CA at the intersection of J Street and Fifth Ave. The Property’s 76.6% occupancy provides potential investors a significant opportunity to add value, while also offering security with a WALT of 6.6 years. Gaslamp Square offers an eclectic mix of food, beverage, and daily needs tenants that cater to the millions of downtown San Diego visitors each year. The Property centrally located within the Gaslamp Quarter, the premier entertainment, dining and nightlife district in one of the most visited cities in the United States.

FOR SALE DETAILS

PRICE

Request Info for Price

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Gaslamp Square

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront

TOTAL BUILDING SIZE

-

STORIES

7

YEAR BUILT

2004

SPRINKLERS

-

PARKING SPACES

259

LAND DETAILS

LAND ACRES

0.82 AC

LAND SF

35,719 SF

ZONING

GQPD

APN/PARCEL ID

535-085-13-01

ASK ABOUT THIS PROPERTY

562-810-1282

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562-810-1282

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