PB Gateway Center 3 Properties Offered at $10,125,000 in San Diego, CA
INVESTMENT HIGHLIGHTS
- Prime Development Opportunity
- Convenient Location
- Strong Existing Financials
- 100% Leased
EXECUTIVE SUMMARY
2710 Garnet Ave, San Diego, CA 92109 – PB Gateway Center
For Sale: $10,125,000
Prime retail strip center at the entrance of Pacific Beach, just off Garnet Avenue near Mission Bay Drive. This two-building property spans 14,400 SF on a 44,432 SF lot, offering 16 fully occupied retail units with a strong net operating income of $410,715. Zoned CC-3-8 with a 2.5 FAR, the site allows for up to 116 dwelling units (buyer to verify), presenting significant redevelopment potential.
Key Highlights:
- 100% leased
- Strategic location with over 61,000 daily vehicle counts
- Steps from Balboa Avenue Trolley Station and I-5 freeway
- Transit Priority Area benefits with reduced parking and density incentives
- 30 ft max height for future development
For Sale: $10,125,000
Prime retail strip center at the entrance of Pacific Beach, just off Garnet Avenue near Mission Bay Drive. This two-building property spans 14,400 SF on a 44,432 SF lot, offering 16 fully occupied retail units with a strong net operating income of $410,715. Zoned CC-3-8 with a 2.5 FAR, the site allows for up to 116 dwelling units (buyer to verify), presenting significant redevelopment potential.
Key Highlights:
- 100% leased
- Strategic location with over 61,000 daily vehicle counts
- Steps from Balboa Avenue Trolley Station and I-5 freeway
- Transit Priority Area benefits with reduced parking and density incentives
- 30 ft max height for future development
PROPERTY FACTS
| Price | $10,125,000 |
| Price / SF | $703.13 / SF |
| Sale Type | Investment NNN |
| Status | Active |
| Number of Properties | 3 |
| Individually For Sale | 0 |
| Total Building Size | 14,400 SF |
| Total Land Area | 2.04 AC |
PROPERTIES
| PROPERTY NAME / ADDRESS | PROPERTY TYPE | SIZE | YEAR BUILT | INDIVIDUAL PRICE |
|---|---|---|---|---|
|
Bldg A
2710 Garnet Ave, San Diego, CA 92109 |
Retail | 9,000 SF | 1981 | - |
|
Bldg B
2710 Garnet Ave, San Diego, CA 92109 |
Retail | 5,400 SF | 1981 | - |
| 2710 Garnet Ave, San Diego, CA 92109 | Land | 1.02 AC | - | - |
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