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2751-2771 Imperial Ave 8,731 SF 100% Leased Retail Building San Diego, CA 92102 $2,950,000 ($337.88/SF) 6.31% Cap Rate
INVESTMENT HIGHLIGHTS
- Stable Income Stream – Current NOI of $186,000 with scheduled 3% annual increases Long-Term Tenancy
EXECUTIVE SUMMARY
2751–71 Imperial Avenue offers a rare opportunity to acquire a stable, income-producing commercial asset located just minutes from Downtown San Diego. The property is strategically positioned along a major thoroughfare with strong visibility and easy access to I-5 and SR-94. The building is currently occupied by three long-term tenants, providing reliable cash flow and minimal management responsibilities.
Situated in an emerging area with ongoing redevelopment and infrastructure improvements, the property benefits from consistent foot and vehicle traffic, strong tenant demand, and proximity to major employment hubs, public transit, and residential neighborhoods.
This is an ideal investment for buyers seeking stable returns, long-term appreciation potential, future development opportunity and a foothold in the growing San Diego urban market. Current NOI $186,000 with 3% annual increases.
Buyer to confirm all square footage.
Situated in an emerging area with ongoing redevelopment and infrastructure improvements, the property benefits from consistent foot and vehicle traffic, strong tenant demand, and proximity to major employment hubs, public transit, and residential neighborhoods.
This is an ideal investment for buyers seeking stable returns, long-term appreciation potential, future development opportunity and a foothold in the growing San Diego urban market. Current NOI $186,000 with 3% annual increases.
Buyer to confirm all square footage.
PROPERTY FACTS
Sale Type
Investment NNN
Sale Condition
1031 Exchange
Property Type
Retail
Property Subtype
Building Size
8,731 SF
Building Class
C
Year Built/Renovated
1979/2025
Price
$2,950,000
Price Per SF
$337.88
Cap Rate
6.31%
NOI
$186,000
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.80
Lot Size
0.25 AC
Opportunity Zone
Yes
Zoning
CN-1-3 - Zoned CN-1-3; allows cml./mixed use developments.
Parking
3 Spaces (0.34 Spaces per 1,000 SF Leased)
Frontage
AMENITIES
- Bus Line
- Corner Lot
- Security System
- Signage
- Signalized Intersection
Walk Score®
Walker's Paradise (90)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 535-693-01 | Improvements Assessment | $323,966 |
| Land Assessment | $72,083 | Total Assessment | $396,049 |
PROPERTY TAXES
Parcel Number
535-693-01
Land Assessment
$72,083
Improvements Assessment
$323,966
Total Assessment
$396,049
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2751-2771 Imperial Ave
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