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4491 Park Blvd 3,396 SF Retail Building San Diego, CA 92116 $2,500,000 ($736.16/SF)
Investment Highlights
- Long-term tenant operating since 2005, with a lease secured until June 30, 2030. Annual rent increases ensure steady growth.
- Thorough environmental inspections cleared in 2002.
- Turnkey Investment with Long-Term Tenant Stability.
- Situated on bustling Park Blvd. in San Diego, CA, a high-traffic area perfect for retail and automotive businesses.
- Ideal for investors seeking reliable returns from a well-established tenant in a thriving market.
Executive Summary
Located at 4491 Park Blvd. in the heart of San Diego, this +/- 3,396 sq. ft. retail auto repair facility sits on a spacious +/- 0.17- acre lot. With a tenant who has been operating successfully at the property since 2005, this property ensures a secure income stream through June 30, 2030. Rent increases annually, providing built-in growth for savvy investors. The property underwent thorough environmental inspections in 2002 and cleared all investigations, making it a worry-free investment opportunity. Its strategic location on Park Blvd., combined with tenant longevity, makes this property a standout choice for investors seeking stability and growth potential.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Auto Repair
Building Size
3,396 SF
Building Class
C
Year Built
1959
Price
$2,500,000
Price Per SF
$736.16
Tenancy
Single
Building Height
1 Story
Building FAR
0.68
Lot Size
0.11 AC
Zoning
CN-1-3
Parking
10 Spaces (2.94 Spaces per 1,000 SF Leased)
Frontage
Amenities
- Bus Line
- Signage
Walk Score®
Walker's Paradise (93)
Bike Score®
Very Bikeable (84)
Nearby Major Retailers
Property Taxes
| Parcel Number | 445-211-01 | Improvements Assessment | $83,146 |
| Land Assessment | $53,795 | Total Assessment | $136,941 |
Property Taxes
Parcel Number
445-211-01
Land Assessment
$53,795
Improvements Assessment
$83,146
Total Assessment
$136,941
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4491 Park Blvd
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