2262-2274 Garnet Ave 6,900 SF Retail Building San Diego, CA 92109 $5,000,000 ($724.64/SF)

This offering presents a rare, fully renovated single-tenant retail investment opportunity in Pacific Beach, one of San Diego’s most vibrant coastal submarkets. Comprising two parcels, the property features a ±6,900 square foot commercial building alongside a ±6,000 square foot secured parking lot, ensuring convenience and accessibility. The premises have undergone extensive upgrades, including a new 20-year roof, rooftop package units, ADA improvements, enhanced fire suppression, and modern LED lighting throughout.
The asset is leased to Anytime Fitness, a nationally recognized fitness operator, under a brand new 10-year triple net lease that commenced December 2025. The lease includes 3% annual rent increases and two five-year extension options, offering stable, long-term cash flow. With initial base rent below comparable Pacific Beach properties and significant tenant investment in the premises, this property delivers both current income security and future appreciation potential.