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4019 Goldfinch St 4,850 SF 100% Leased Retail Building San Diego, CA 92103 $2,900,000 ($597.94/SF) 4.57% Cap Rate
INVESTMENT HIGHLIGHTS
- High Exposure Storefront, Excellent Visibility
- High Traffic, Prime Retail Location
- Well-established commercial area
EXECUTIVE SUMMARY
CBRE is proud to present an exceptional investment opportunity at 4019 Goldfinch St, located on the edge of San Diego’s desirable Hillcrest neighborhood, bordering Mission Hills.
This retail property offers a prime location along a bustling thoroughfare, ensuring high visibility and foot traffic. The property benefits from its proximity to vibrant local amenities and a diverse community, making it an attractive destination for both residents and visitors. With a fully leased status to multiple tenants, this asset is positioned for stable cash flow, making it an attractive addition to any investment portfolio.
›Established Presence: The property is situated in a well-established commercial area with a history of long-standing tenants.
›Growth Area: The Hillcrest and Mission Hills area is a dynamic neighborhood with ongoing community activity, enhancing property values and demand for retail space.
›Stable Tenancy / Income Potential: The property is 100% leased to three NNN tenants, providing a diversified and stable income stream. This offers an investor predictable returns from multiple businesses.
›High Exposure Storefront: The property features a prominent storefront with a large glass entryway, maximizing visibility and attracting customers.
This retail property offers a prime location along a bustling thoroughfare, ensuring high visibility and foot traffic. The property benefits from its proximity to vibrant local amenities and a diverse community, making it an attractive destination for both residents and visitors. With a fully leased status to multiple tenants, this asset is positioned for stable cash flow, making it an attractive addition to any investment portfolio.
›Established Presence: The property is situated in a well-established commercial area with a history of long-standing tenants.
›Growth Area: The Hillcrest and Mission Hills area is a dynamic neighborhood with ongoing community activity, enhancing property values and demand for retail space.
›Stable Tenancy / Income Potential: The property is 100% leased to three NNN tenants, providing a diversified and stable income stream. This offers an investor predictable returns from multiple businesses.
›High Exposure Storefront: The property features a prominent storefront with a large glass entryway, maximizing visibility and attracting customers.
DATA ROOM Click Here to Access
- Offering Memorandum
PROPERTY FACTS
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Building Size
4,850 SF
Building Class
C
Year Built
1931
Price
$2,900,000
Price Per SF
$597.94
Cap Rate
4.57%
NOI
$132,536
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.93
Lot Size
0.12 AC
Zoning
CN-2A, San Diego - Commercial-Neighborhood
Frontage
50’ on Goldfinch st
Walk Score®
Walker's Paradise (93)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 444-414-02 | Improvements Assessment | $632,762 |
| Land Assessment | $781,978 | Total Assessment | $1,414,740 |
PROPERTY TAXES
Parcel Number
444-414-02
Land Assessment
$781,978
Improvements Assessment
$632,762
Total Assessment
$1,414,740
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4019 Goldfinch St
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