3066-3068 University Ave – San Diego, CA
Quick Summary
- Price
- $2,000,000
- Property Type:
- Retail, Street Retail
- Listing Type:
- Sale
- Area:
- 3480 sq ft
- Property use
- This is an investement Property
- Construction status
- Existing
- Cap rate
- 5.01%
- Space leased
- 100%
Property Description
Marcus & Millichap is pleased to present 3066-3068 University Avenue in San Diego, California. This 3,480-square foot retail building sits upon 7,301-square feet of land at
the corner of University and Grim. Centrally located in the highly pedestrian community
of North Park, the two suite structure is currently 100% occupied, with two off-street
parking spaces.
Like other urban San Diego communities, North Park has a high rate of pedestrian activity, relative to other regions of San Diego county. The community is culturally diverse with art galleries, boutiques, trendy bars with handcrafted cocktails and local brews, and foodie-approved eateries. An eclectic and diverse array of restaurants, as well as independent coffee shops, can be found along the main arteries of 30th Street and University Avenue.
The area is also dotted with bars and night clubs that cater to a wide diversity of patrons.
Location Description
Key Points:
NOI= $100,255
Centrally Located, Multi-Tenant Retail Property in North Park , 3,480-Square Foot Building Divided into Two Suites , 0.17 Acre Lot with High Pedestrian Traffic…….. All Offers Considered!
