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3750 University Ave 5,161 SF Retail Building San Diego, CA 92105 $1,450,000 ($280.95/SF) 4.90% Cap Rate
INVESTMENT HIGHLIGHTS
- Large lot on hard corner
- NNN income
- Billboard income
EXECUTIVE SUMMARY
City Heights location at 3736 - 3750 University Avenue between the 805 and 15 freeways. Stable NNN asset on hard corner, large lot with auto repair, small church, office suite and billboard income. Potential redevelopment within San Diego's CC 5-4 zone.
DATA ROOM Click Here to Access
PROPERTY FACTS
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Building Size
5,161 SF
Building Class
C
Year Built
1946
Price
$1,450,000
Price Per SF
$280.95
Cap Rate
4.90%
NOI
$71,050
Tenancy
Single
Building Height
1 Story
Building FAR
0.52
Lot Size
0.23 AC
Opportunity Zone
Yes
Zoning
CC 5-4 - The purpose of the CC zones is to accommodate community-serving
commercial services, retail uses, and allows residential units 1/1,500 SF of lot area.
Parking
8 Spaces (1.55 Spaces per 1,000 SF Leased)
Frontage
AMENITIES
- Bus Line
- Signage
Walk Score®
Walker's Paradise (91)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 447-421-17 | Improvements Assessment | $250,989 |
| Land Assessment | $752,972 | Total Assessment | $1,003,961 |
PROPERTY TAXES
Parcel Number
447-421-17
Land Assessment
$752,972
Improvements Assessment
$250,989
Total Assessment
$1,003,961
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3750 University Ave
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