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Highlights
- Prime west-facing elevation with billboard-level exposure to SR-163 ramps.
- Strong daytime and evening pedestrian activity supported by new housing developments.
- Combined traffic counts of ±62,000 cars per day from University Ave and Sixth Ave.
- Anchored by top national retailers, including Whole Foods, Walgreens, Trader Joe’s, and GNC.
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 1,050 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request | TBD |
1st Floor
The property at 600-696 University Avenue occupies approximately 0.80 acres in the Central San Diego submarket and is zoned CC-3-9 for retail use. It sits on a highly visible corner near State Route 163 with proximity to major intersections and public transit. The trade area includes a dense urban population with multiple surrounding residential developments and significant traffic generated by University Avenue and Sixth Avenue. National and regional retailers are positioned nearby, contributing to sustained consumer activity.
- Fully Built-Out as Standard Retail Space
- Located in-line with other retail
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
Select Tenants at Hillcrest Center
- Tenant
- Description
- US Locations
- Reach
- Five Guys
- Restaurant
- 1,656
- International
- iTAN
- Tanning Salon
- 47
- Local
- Kiki Sushi
- Restaurant
- 1
- -
- Menya Ultra
- Restaurant
- 1
- -
- Sensation Nails & Spa
- Salon/Barber/Spa
- 1
- -
- Walgreens
- Drug Store
- 9,118
- International
| Tenant | Description | US Locations | Reach |
| Five Guys | Restaurant | 1,656 | International |
| iTAN | Tanning Salon | 47 | Local |
| Kiki Sushi | Restaurant | 1 | - |
| Menya Ultra | Restaurant | 1 | - |
| Sensation Nails & Spa | Salon/Barber/Spa | 1 | - |
| Walgreens | Drug Store | 9,118 | International |
Property Facts
| Total Space Available | 1,050 SF | Gross Leasable Area | 17,542 SF |
| Property Type | Retail | Year Built | 1978 |
| Property Subtype | Restaurant | Parking Ratio | 2.39/1,000 SF |
| Total Space Available | 1,050 SF |
| Property Type | Retail |
| Property Subtype | Restaurant |
| Gross Leasable Area | 17,542 SF |
| Year Built | 1978 |
| Parking Ratio | 2.39/1,000 SF |
About the Property
Hillcrest Center presents a rare retail opportunity in the heart of San Diego's Hillcrest neighborhood, one of the city’s most vibrant and highly trafficked districts. This ±1,050 SF space offers dual-signage exposure and direct visibility from University Avenue and the State Route 163 on/off ramps. With ±62,000 cars passing daily and unmatched walkability, the site benefits from consistent foot traffic generated by nearby luxury residential projects, major employers, and cultural amenities. Tenants enjoy seamless ingress/egress from one of Hillcrest’s busiest intersections, as well as on-site parking—a rarity in this urban trade area. The center is surrounded by national brands including Whole Foods, Walgreens, Trader Joe’s, Ralphs, and FedEx Office, making it part of a highly curated retail corridor that drives consumer demand. Nearby lifestyle destinations, grocery anchors, and healthcare institutions reinforce an already robust customer base. The property draws on an affluent residential population, averaging household incomes above $100,000 within a 1-mile radius and a dense urban population exceeding 240,000 within 3 miles. This site pairs exceptional location dynamics with strong traffic drivers, making it a premier option for brands looking to establish a prominent presence in San Diego.
- Bus Line
- Corner Lot
- Freeway Visibility
- Pylon Sign
- Restaurant
- Signalized Intersection
Nearby Major Retailers
Contact the Leasing Agent
Hillcrest Center | 600-696 University Ave





