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United States > California > San Diego

Office and commercial space for sale : San Diego

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OPPORTUNITY: The in-place rents are far below market. A future buyer can increase revenue by bringing the rents closer to market. Current market rent is estimated to be $1,600 per month. The pro-forma cap rate is 4.7% and the pro-forma GRM is 15. PRO...

OPPORTUNITY: The in-place rents are far below market. A future buyer can increase revenue by bringing the rents closer to market. Current market rent is estimated to be $1,600 per month. The pro-forma cap rate is 4.7% and the pro-forma GRM is 15. PROPERTY DESCRIPTION: This is a very well located apartment project improved with six studio units in two separate structures. The project was built in 1958 and there are a total of six off-street parking spots. Five of the six apartments have been renovated. The non-renovated unit is clean and in good rentable condition. The units are easy to lease and the project seldom has vacancy. On average the units are 448 square feet each (totaling 2,685 square feet). The property has an on-site laundry room and a coin operated washer & dryer. The Landlord pays for water and the tenants pay all other utilities direct to the provider.

2,685 sqft

Old Town San Diego

Incredible opportunity in the heart of La Jolla's village! * 6,998 SF lot with a ~ 3,000 SF medical building with single tenant * Zone 2 of the La Jolla Planning District * Max FAR is 1.7, but FAR is 1.3 if all residential * Min lot size is 2,500 SF ...

Incredible opportunity in the heart of La Jolla's village! * 6,998 SF lot with a ~ 3,000 SF medical building with single tenant * Zone 2 of the La Jolla Planning District * Max FAR is 1.7, but FAR is 1.3 if all residential * Min lot size is 2,500 SF * Uses include mixed use, community office and/or residential units only * Current tenant pays $10,181.55/mo * Rent increases by 3% annually on 6/30 * Tenant has exercised the option to extend the lease to 6/30/2024 and has 1 remaining 5-year extension option * Shown with accepted offer only

La Jolla

FOR SALE OR FOR LEASE - Iconic North Park location. Great visibility and identity from 32nd and University. Space is perfect for office and retail uses. Short walk to countless restaurants, cafes, retail and breweries. Recently renovated facade. Inte...

FOR SALE OR FOR LEASE - Iconic North Park location. Great visibility and identity from 32nd and University. Space is perfect for office and retail uses. Short walk to countless restaurants, cafes, retail and breweries. Recently renovated facade. Interior is in shell condition and the bldg is demised evenly into two suites each approx 2,250 sf. Both suites have bathrooms and can be accessed from the front door or alley. 4 parking spots total in rear. Lease rate would be $2.25 NNN / Month.

4,512 sqft

University Heights

This is an iconic two building property located in the heart of North Park. The current tenants have been in place since the mid to late 80's and they do not have any more options at the end of their term. The leases are drastically under market. CC ...

This is an iconic two building property located in the heart of North Park. The current tenants have been in place since the mid to late 80's and they do not have any more options at the end of their term. The leases are drastically under market. CC 3-9 is one of the best zones in San Diego for future development. Lot size of 7,024 sf can accommodate 27 to 36 units + commercial utilizing the affordable density bonus. Seller would consider selling the units individually.

University Heights

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