6062-6090 University Ave – San Diego, CA
Quick Summary
- Price
- $4,000,000
- Property Type:
- Retail, Strip center
- Listing Type:
- Sale
- Area:
- 12741 sq ft
- Property use
- This is an investement Property
- Construction status
- Existing
- Cap rate
- 5.87%
- Space leased
- 85%
Property Description
Marcus & Millichap is pleased to present 6062-6090 University Avenue in San Diego,
California. This 12,742-square foot retail center sits upon a 41,382-square foot lot
adjacent to the popular intersection of College Avenue and University Avenue, and
less than two miles south from San Diego State University. The site is centrally
located in the Mid-City region of San Diego County.
Mid-City is the eastern part of the city of San Diego, bordered by I-8 and Mission
Valley to the north, National City to the south, Downtown, Balboa Park and Hillcrest
to the west, and La Mesa to the east. Mid-City has a number of interesting areas
including the trendy urban neighborhoods of North Park, Normal Heights, and
University Heights, as well as quieter neighborhoods, such as Golden Hill and South
Park.
Location Description
Highlights:
NOI: $234,964
Centrally Located Multi-Tenant Retail Property, Less than Two Miles from San Diego State University, 12,742-Square Foot Retail Space, Building on a 0.95 Acre Lot Three Parcels, Including Two Commercial Retail and One Vacant Land ……All Offers Considered!