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2665 5th Ave
San Diego, CA 92103

$2,525,000 USD

Storefront For Sale  •  7,500 SF

Property Details

  • Property Type Storefront
  • Total Building Size 3,601 SF
  • Building Class B
  • Year Built 2016
  • Cap Rate 6.00 %
  • Tenancy Single
  • Zoning CV-1
53 Transit Score
87 Walk Score

Highlights

First Floor Retail Condo in Banker Hill’s Premier Luxury Apartment Building. 10+ Year NNN Lease - Favorable Above Market 3% Annual Rental Increases.
Ample Underground Commercial Parking for Employees and Customers. Tenant/Guarantor is the 4th Largest Orangetheory Fitness Franchisee in the Country.
Extremely Dense San Diego Submarket with over 512k People Residing within a 5-Mile Radius. Affluent Area: $115k within a 1-Mile Radius.
Walking Distance from Balboa Park - a World-Renowned Cultural & Recreational Hub, boasting stunning Spanish Renaissance Architecture, 17 Museums, etc
Dynamic Location - Ultra High Barrier to Entry Location - Ideally Surrounded by Hotels, Numerous New Apartment Complexes, Offices, Businesses, etc.
Irreplaceable Real Estate and Legacy Asset - Due to the Downtown Nature of this Location and the Density of the Trade Area.
Cap Rate: 6.00 %

Public Transportation

Commuter RailDriveWalkDistance
San Diego (Santa Fe Depot) (Coaster - San Diego North County Transit District (Coaster/Sprinter/Breeze)) 3 min - 1.8 mi
Old Town Transit Center (Coaster - San Diego North County Transit District (Coaster/Sprinter/Breeze)) 6 min - 3.5 mi
AirportDriveWalkDistance
San Diego International 7 min - 2.7 mi
Alvin Mansour 858-373-3184 The Mansour Group of Marcus & Millichap
Alvin Mansour 858-373-3184 The Mansour Group of Marcus & Millichap