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Little Italy NNN Investment Portfolio 2 Office/Retail Condos Offered at $7,000,000 in San Diego, CA
INVESTMENT HIGHLIGHTS
- Rare opportunity in Little Italy, one of Downtown’s most desirable neighborhoods
- On-site parking — 5 tandem spaces
- Diversified tenant mix with NNN lease structure
- Highly visible location with prime signage
- Secure income stream backed by 7-Eleven, a nationally recognized credit tenant with proven performance and strong customer draw
- Immediate access to I-5 and on main ingress/egress thoroughfares
EXECUTIVE SUMMARY
Urban Property Group is pleased to present the opportunity to acquire the commercial condominiums at Porta D’Italia and Il Palazzo, located in the heart of Little Italy. These highly visible retail/office condos along Columbia Street are ideal for an investor seeking a rare chance to capitalize on one of Downtown’s most desirable neighborhoods, with immediate access to I-5 and an abundance of surrounding amenities that drive strong demand.
Porta D'Italia 533-223-13-78,79
Il Palazzo 533-222-11-37
Porta D'Italia 533-223-13-78,79
Il Palazzo 533-222-11-37
DATA ROOM Click Here to Access
- Offering Memorandum
PROPERTY FACTS
| Price | $7,000,000 | Status | Active |
| Price / SF | $644.15 / SF | Number of Properties | 2 |
| Sale Condition | Bulk/Portfolio Sale | Individually For Sale | 0 |
| Cap Rate | 6.75% | Total Building Size | 10,867 SF |
| Sale Type | Investment |
| Price | $7,000,000 |
| Price / SF | $644.15 / SF |
| Sale Condition | Bulk/Portfolio Sale |
| Cap Rate | 6.75% |
| Sale Type | Investment |
| Status | Active |
| Number of Properties | 2 |
| Individually For Sale | 0 |
| Total Building Size | 10,867 SF |
PROPERTIES
| PROPERTY NAME / ADDRESS | PROPERTY TYPE | SIZE | YEAR BUILT | INDIVIDUAL PRICE |
|---|---|---|---|---|
|
Il Palazzo
2040 Columbia St, 1st Floor - Unit 600-50, San Diego, CA 92101 |
Office/Retail Condo | 6,352 SF | 2003 | - |
|
Porta D'Italia
1970-1990 Columbia St, 1st Floor - Unit 1970, San Diego, CA 92101 |
Office/Retail Condo | 4,515 SF | 2003 | - |
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Little Italy NNN Investment Portfolio
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