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San Diego Marketplace 1745-1765 Euclid Ave 70,721 SF 100% Leased Retail Building San Diego, CA 92105 $15,900,000 ($224.83/SF) 5.86% Cap Rate

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INVESTMENT HIGHLIGHTS

  • National Credit Tenants | Long-Term Lease Commitments | Options To Extend
  • Adjacent to Fitness Anchor | Near Regional Power Center | Strong Retail Synergy
  • Affluent Demographics In 5-Mile Trade Area
  • Multi-Tenant Investment | NNN Leases | 100% Leased
  • High-Density Trade Area | Exceptional Connectivity

EXECUTIVE SUMMARY

SRS National Net Lease is pleased to offer the opportunity to acquire the fee simple interest (land & building ownership) in San Diego Marketplace, a 100% leased, multi-tenant community shopping center located at 1745–1765 Euclid Avenue in San Diego, California. The property features a stable rent roll with national credit tenants including dd’s Discounts and Dollar Tree, both of which have occupied the space at the center since 2013 - demonstrating long-term commitment. Additionally, the property includes out-parcels leased to Rent-A-Center (5 years remaining) and Valvoline (14 years remaining). This income-producing asset offers an attractive blend of essential service and value retail tenancy, supported by long-term NNN leases and minimal expense leakage—making it a strong, passive investment opportunity in a high-demand Southern California market.
Strategically located near the signalized intersection of Euclid Ave (28,300 VPD) and Federal Boulevard (9,200 VPD), and just one mile from State Highway 94 (160,500 VPD), the property benefits from exceptional visibility and accessibility. San Diego Marketplace is adjacent to a Planet Fitness and just two miles from College Grove Center—a 624,000 square foot regional power center anchored by Target and Sam’s Club. The property is centrally located within the San Diego metro, offering proximity to major demand drivers including San Diego State University (3.6 miles), Downtown San Diego and Balboa Park (4.0 miles), Mission Valley (5.1 miles), and San Diego International Airport (6.0 miles). The five-mile trade area is dense and affluent, with over 664,000 residents, an average household income of $111,158, and a daytime employment population exceeding 313,000—providing a strong foundation for sustained tenant performance and long-term rent growth.

PROPERTY FACTS

Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Storefront
Building Size
70,721 SF
Building Class
C
Year Built/Renovated
1953/2013
Price
$15,900,000
Price Per SF
$224.83
Cap Rate
5.86%
NOI
$931,231
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.32
Lot Size
5.07 AC
Zoning
CC-2-3
Parking
247 Spaces (3.49 Spaces per 1,000 SF Leased)
Frontage
541’ on Euclid Ave

AMENITIES

  • Pylon Sign
  • Signage
  • Signalized Intersection

MAJOR TENANTS

  • TENANT
  • INDUSTRY
  • SF OCCUPIED
  • RENT/SF
  • LEASE TYPE
  • LEASE END
  • Retailer
  • 21,115 SF
  • -
  • Triple Net
  • Jan 2029

dd’s Discounts is an off-price retail chain specializing in affordable apparel, footwear, and home merchandise. The brand was launched in 2004 as part of Ross Stores, Inc., targeting customers seeking moderately priced products at significant discounts. dd’s Discounts operates under the same off-price model as Ross Dress for Less but focuses on neighborhood-based locations and value-driven assortments. The company offers clothing for men, women, and children, along with home décor, toys, and seasonal items. Headquartered in Dublin, California, dd’s Discounts is a subsidiary of Ross Stores, Inc., which trades publicly on NASDAQ under the ticker symbol ROST. The chain has expanded steadily since inception and continues to grow across the United States.

  • Retailer
  • 11,159 SF
  • -
  • Triple Net
  • Jun 2038

At Dollar Tree, they are working hard to create an environment where shopping is fun… a place where customers can discover new treasures every week… a store where entire families can enjoy hunting for that special something. They bring it all to people in stores that are bright and well lit, clean and well organized… and stocked with the items people are looking for! Just as important, especially during these tough economic times, they continue to offer customers the products they need at extreme values! They are expanding assortment of merchandise, constantly bringing people new and exciting items. Some of the product departments people find at a Dollar Tree store in Canada include housewares, glassware, dinnerware, cleaning supplies, candy, snacks, food, health and beauty, toys, gifts, gift bags and wrap, party supplies, stationery, craft supplies, teaching supplies, books, seasonal décor, and more!

  • FAM MART
  • Retailer
  • 30,094 SF
  • -
  • Triple Net
  • Nov 2029
  • Rent-A-Center
  • Retailer
  • 5,736 SF
  • -
  • Triple Net
  • Feb 2030
  • Valvoline
  • Retailer
  • 2,617 SF
  • -
  • Triple Net
  • Nov 2039
TENANT INDUSTRY SF OCCUPIED RENT/SF LEASE TYPE LEASE END
Retailer 21,115 SF - Triple Net Jan 2029
Retailer 11,159 SF - Triple Net Jun 2038
FAM MART Retailer 30,094 SF - Triple Net Nov 2029
Rent-A-Center Retailer 5,736 SF - Triple Net Feb 2030
Valvoline Retailer 2,617 SF - Triple Net Nov 2039

NEARBY MAJOR RETAILERS

Planet Fitness
U.S. Bank
Rent-A-Center

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
542-310-01
Land Assessment
$8,277,422
Improvements Assessment
$4,457,073
Total Assessment
$12,734,495
  • Listing ID: 37789327

  • Date on Market: 9/23/2025

  • Last Updated:

  • Address: 1745-1765 Euclid Ave, San Diego, CA 92105

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