Log In/Sign Up
Your email has been sent.
4973-4983 University Ave 10,800 SF 100% Leased Retail Building San Diego, CA 92105 $2,400,000 ($222.22/SF) 7.41% Cap Rate
Investment Highlights
- High-traffic University Ave
- 100% Month-to-Month Leases
- Large Walk-In Freezer
- Value-Add Investment
- High Ceilings
Executive Summary
4973-4983 University Ave - the 10,800 SF mixed-use building currently rented to various tenants on month-to-month leases. The property consists of 7,100 SF of ground-floor retail with high ceilings, a large walk-in freezer, and exceptional visibility on the busy University Ave. The remaining 3,700 SF of stairway-served office consists of several private offices rented to business professionals. The short-term tenancy makes this investment ideal for a value-add investor or an owner-user.
Property Facts
Sale Type
Investment or Owner User
Sale Condition
High Vacancy Property
Property Type
Retail
Property Subtype
Freestanding
Building Size
10,800 SF
Building Class
C
Year Built
1977
Price
$2,400,000
Price Per SF
$222.22
Cap Rate
7.41%
NOI
$177,840
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
1.10
Lot Size
0.23 AC
Opportunity Zone
Yes
Zoning
CC-5-4 - Stores & Offices
Parking
4 Spaces (0.37 Spaces per 1,000 SF Leased)
Walk Score®
Very Walkable (89)
Nearby Major Retailers
Property Taxes
| Parcel Number | 471-621-33 | Improvements Assessment | $545,000 |
| Land Assessment | $1,000,000 | Total Assessment | $1,545,000 |
Property Taxes
Parcel Number
471-621-33
Land Assessment
$1,000,000
Improvements Assessment
$545,000
Total Assessment
$1,545,000
1 of 6
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
Presented by
4973-4983 University Ave
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.
Your message has been sent!
Activate your LoopNet account now to track properties, get real-time alerts, save time on future inquiries, and more.