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Garnet Avenue Mixed Use 1560 Garnet Ave 7,365 SF 100% Leased Retail Building San Diego, CA 92109 $3,800,000 ($515.95/SF) 5.17% Cap Rate
Investment Highlights
- One of the busiest intersections in Pacific Beach- Adjacent to Trader Joe's
- Established tenant in area- 55 Thai
- Mixed Use with alley access and on site parking.
- Value Add Potential
Executive Summary
Value Add opportunity through management and reconfiguration.
DO NOT DISTURB TENANTS
DO NOT DISTURB TENANTS
Data Room Click Here to Access
Financial Summary (Pro Forma - 2026) Click Here to Access |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
$99,999
|
$9.99
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
Financial Summary (Pro Forma - 2026) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
Sale Type
Investment
Sale Condition
1031 Exchange
Property Type
Building Size
7,365 SF
Building Class
B
Year Built/Renovated
1950/2024
Price
$3,800,000
Price Per SF
$515.95
Cap Rate
5.17%
NOI
$196,323
Percent Leased
100%
Building Height
2 Stories
Building FAR
0.79
Lot Size
0.21 AC
Zoning
C
Parking
3 Spaces (0.41 Spaces per 1,000 SF Leased)
Frontage
75’ on Garnet Avenue
Major Tenants Click Here to Access
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease Type
- Lease End
- 55 Thai
- Services
-
99,999 SF
-
$9.99
-
Lorem Ipsum
-
Jan 0000
| Tenant | Industry | SF Occupied | Rent/SF | Lease Type | Lease End | |
| 55 Thai | Services | 99,999 SF | $9.99 | Lorem Ipsum | Jan 0000 |
Exceptionally walkable
90/100
Exceptionally drivable
100/100
Some public transit
40/100
Moderately bikeable
60/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 423-094-12 | Total Assessment | $348,706 (2025) |
| Land Assessment | $183,877 (2025) | Annual Taxes | ($1) ($0.00/SF) |
| Improvements Assessment | $164,829 (2025) | Tax Year | 2026 |
Property Taxes
Parcel Number
423-094-12
Land Assessment
$183,877 (2025)
Improvements Assessment
$164,829 (2025)
Total Assessment
$348,706 (2025)
Annual Taxes
($1) ($0.00/SF)
Tax Year
2026
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Garnet Avenue Mixed Use | 1560 Garnet Ave
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