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1025 S 35th St
San Diego, CA 92113
Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Located in a well-traveled retail corridor
- Upside in below market rents
- Across the street from popular shopping center
- Close to I-5 and I-15 freeways
- Stable income: grocery store has been open for decades
EXECUTIVE SUMMARY
• Located in a well-traveled retail corridor
• Close to I-5 and I-15 freeways
• Minutes to downtown San Diego
• Upside in below market rents
• Stable income: grocery store has been open for decades
• Across the street from popular shopping center
• Zoned CC-3-6 which is intended to accommodate development with a high intensity, pedestrian orientation and permits a maximum density of one (1) dwelling unit for each 1,000 square feet of lot area.
• Close to I-5 and I-15 freeways
• Minutes to downtown San Diego
• Upside in below market rents
• Stable income: grocery store has been open for decades
• Across the street from popular shopping center
• Zoned CC-3-6 which is intended to accommodate development with a high intensity, pedestrian orientation and permits a maximum density of one (1) dwelling unit for each 1,000 square feet of lot area.
PROPERTY FACTS Under Contract
Sale Type
Investment
Property Type
Retail
Property Subtype
Building Size
5,678 SF
Building Class
C
Year Built
1962
Price
$2,073,750 CAD
Price Per SF
$365.23 CAD
Cap Rate
5%
NOI
$103,688 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.85
Lot Size
0.15 AC
Opportunity Zone
Yes
Zoning
CC-3-6 - Commercial
Parking
1 Spaces (0.18 Spaces per 1,000 SF Leased)
Frontage
AMENITIES
- Signalized Intersection
PROPERTY TAXES
| Parcel Number | 550-191-01 | Improvements Assessment | $131,200 CAD |
| Land Assessment | $41,316 CAD | Total Assessment | $172,516 CAD |
PROPERTY TAXES
Parcel Number
550-191-01
Land Assessment
$41,316 CAD
Improvements Assessment
$131,200 CAD
Total Assessment
$172,516 CAD
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