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600 E 8th St
National City, CA 91950
Old School House Square · Retail Property For Sale
Investment Highlights
- Densely populated area with over 204,000 people living within a 3-mile radius of the property.
- Significant upside in the ability to increase the current rents to market and reconfigure the existing leases to absolute NNN.
- Long-term tenancy with 75.3% of the current tenants occupying the center for over 10 years & 47.1% of the tenants occupying the center for over 20 yrs
- Located adjacent to Downtown San Diego & the San Diego Naval Base (6 min drive), which has over 24,000 military personnel and over 10,000 civilians.
- Located along the heavily trafficked 8th Street (19,436 VPD).
- Zoned as a Major Mixed-Use Corridor, which allows for commercial and residential development.
Property Facts
Property Type
Retail
Building Size
30,790 SF
Building Class
B
Year Built/Renovated
1988/1989
Percent Leased
89%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.38
Lot Size
1.87 AC
Zoning
Mixed Use - MXC-2 Major Mixed-Use Corridor
Parking
126 Spaces (4.09 Spaces per 1,000 SF Leased)
Frontage
Amenities
- Bus Line
- Corner Lot
- Property Manager on Site
- Pylon Sign
- Signage
Property Taxes
| Parcel Number | 556-492-23 | Improvements Assessment | $2,421,558 |
| Land Assessment | $1,227,730 | Total Assessment | $3,649,288 |
Property Taxes
Parcel Number
556-492-23
Land Assessment
$1,227,730
Improvements Assessment
$2,421,558
Total Assessment
$3,649,288
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