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701 5th Ave 24,085 - 50,153 SF of 4-Star Retail Space Available in San Diego, CA 92101
Highlights
- Iconic building in San Diego’s historic Gaslamp Quarter.
- Expansive interiors with ceiling heights up to 62 feet.
- Surrounded by hotels, offices, and major attractions.
- Over 120 feet of prominent frontage along 5th Avenue.
- Existing infrastructure includes escalators and restroom banks.
Space Availability (2)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 26,068 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request | TBD | ||
| 2nd Floor | 24,085 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request | TBD |
1st Floor
Gaslamp Theatre offers approximately 53,153 square feet of prime space for lease in the heart of the Gaslamp Quarter. The property features two large floors and a rooftop area, with ceiling heights ranging from 24 to 62 feet. Existing infrastructure, including escalators and multiple restroom banks, supports efficient build-out and operations. Positioned on a high-traffic corner with exceptional visibility, this space is ideal for flagship retail, entertainment, or experiential concepts seeking a dynamic downtown location.
- Partially Built-Out as Standard Retail Space
- High-traffic flagship corner location
- Expansive multi-level interior space
- Rooftop activation opportunity
2nd Floor
Gaslamp Theatre offers approximately 53,153 square feet of prime space for lease in the heart of the Gaslamp Quarter. The property features two large floors and a rooftop area, with ceiling heights ranging from 24 to 62 feet. Existing infrastructure, including escalators and multiple restroom banks, supports efficient build-out and operations. Positioned on a high-traffic corner with exceptional visibility, this space is ideal for flagship retail, entertainment, or experiential concepts seeking a dynamic downtown location.
- Partially Built-Out as Standard Retail Space
- High-traffic flagship corner location
- Expansive multi-level interior space
- Rooftop activation opportunity
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 701 5th Ave, San Diego, CA 92101
- Tenant
- Description
- US Locations
- Reach
- Cowboy Cantina
- Restaurant
- 1
- Local
- Laya Resturant
- Restaurant
- 2
- Local
- Tempo Cantina
- Restaurant
- 1
- Local
- Tequila Del Cielo
- Cocktail Bar
- -
- Local
- Theatre Box
- Rental Shop
- -
- -
| Tenant | Description | US Locations | Reach |
| Cowboy Cantina | Restaurant | 1 | Local |
| Laya Resturant | Restaurant | 2 | Local |
| Tempo Cantina | Restaurant | 1 | Local |
| Tequila Del Cielo | Cocktail Bar | - | Local |
| Theatre Box | Rental Shop | - | - |
Property Facts
| Total Space Available | 50,153 SF | Year Built/Renovated | 1997/2019 |
| Property Type | Retail | Parking Ratio | 0.14/1,000 SF |
| Gross Leasable Area | 53,153 SF |
| Total Space Available | 50,153 SF |
| Property Type | Retail |
| Gross Leasable Area | 53,153 SF |
| Year Built/Renovated | 1997/2019 |
| Parking Ratio | 0.14/1,000 SF |
About the Property
Gaslamp Theatre is a landmark property located in the heart of San Diego’s historic Gaslamp Quarter, a vibrant district known for its entertainment, dining, and cultural attractions. Positioned on the prominent northwest corner of 5th Avenue and Market Street, this flagship venue offers exceptional visibility with over 120 feet of frontage along 5th Avenue. The building spans approximately 53,153 square feet across two expansive floors and a rooftop area, featuring dramatic ceiling heights ranging from 24 to 62 feet. Its existing infrastructure includes escalators, multiple restroom banks, and designated zones for front-of-house and back-of-house operations, providing flexibility for a variety of uses. Surrounded by major hotels, office headquarters, and tourist destinations, Gaslamp Theatre benefits from heavy foot traffic and proximity to the San Diego Convention Center and Petco Park. This iconic property combines architectural character with modern functionality in one of the city’s most dynamic urban settings.
- Signage
Nearby Major Retailers
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701 5th Ave
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