6110-6126 University Ave - Storefront Retail/Office FOR SALE


San Diego, CA 92115- Rolando
$2,500,000 USD
619-616-7332
6110-6126 University Ave, San Diego, CA for Sale
$2,500,000 USD
Storefront Retail/Office - FOR SALE
1/14
null | 6.07% Cap Rate

6110-6126 University Ave
San Diego, CA 92115
Rolando


HIGHLIGHTS

  • Fully Leased!
  • Well Maintained
  • 6%+ CAP Rate

OVERVIEW

ALL LEASED HAVE BEEN EXTENDED. PROPERTY IS 100% LEASED WITH AN INPLACE 6%+ CAP RATE Rare opportunity to acquire a fully leased multi-tenant retail building near San Diego State University! This property offers excellent street visibility at the busy intersection of University Ave and College Ave, just one mile from San Diego State University, home to a ±40,000 student and faculty population. Key features include monument signage, on-site parking in both the front and back, and an established tenant base. With a current CAP rate of approximately 6.07%, this property is projected to reach 6.33% CAP within Year 1 of ownership based on current income. Don’t miss this rare opportunity to own a high-performing retail asset in a prime San Diego location!

FOR SALE DETAILS

PRICE

$2,500,000 USD

PRICE/SF

$331 USD /SF

CAP RATE

6.07%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

100% LEASED WITH AN INPLACE 6%+ CAP RATE

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Office

ADD'L SUBTYPES

Freestanding, Restaurant, Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1972

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.42 AC

LAND SF

18,295 SF

ZONING

-

APN/PARCEL ID

473-280-14,473-280-15

ASK ABOUT THIS PROPERTY

Erik EgelkoPalm Tree PropertiesMore Info
619-616-7332

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Erik EgelkoPalm Tree PropertiesMore Info
619-616-7332

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