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San Diego Marketplace 1745-1765 Euclid Ave 70,721 SF 100% Leased Retail Building San Diego, CA 92105 $21,995,900 CAD ($311.02 CAD/SF) 5.86% Cap Rate

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INVESTMENT HIGHLIGHTS

  • National Credit Tenants | Long-Term Lease Commitments | Options To Extend
  • Adjacent to Fitness Anchor | Near Regional Power Center | Strong Retail Synergy
  • Affluent Demographics In 5-Mile Trade Area
  • Multi-Tenant Investment | NNN Leases | 100% Leased
  • High-Density Trade Area | Exceptional Connectivity

EXECUTIVE SUMMARY

SRS National Net Lease is pleased to offer the opportunity to acquire the fee simple interest (land & building ownership) in San Diego Marketplace, a 100% leased, multi-tenant community shopping center located at 1745–1765 Euclid Avenue in San Diego, California. The property features a stable rent roll with national credit tenants including dd’s Discounts and Dollar Tree, both of which have occupied the space at the center since 2013 - demonstrating long-term commitment. Additionally, the property includes out-parcels leased to Rent-A-Center (5 years remaining) and Valvoline (14 years remaining). This income-producing asset offers an attractive blend of essential service and value retail tenancy, supported by long-term NNN leases and minimal expense leakage—making it a strong, passive investment opportunity in a high-demand Southern California market.
Strategically located near the signalized intersection of Euclid Ave (28,300 VPD) and Federal Boulevard (9,200 VPD), and just one mile from State Highway 94 (160,500 VPD), the property benefits from exceptional visibility and accessibility. San Diego Marketplace is adjacent to a Planet Fitness and just two miles from College Grove Center—a 624,000 square foot regional power center anchored by Target and Sam’s Club. The property is centrally located within the San Diego metro, offering proximity to major demand drivers including San Diego State University (3.6 miles), Downtown San Diego and Balboa Park (4.0 miles), Mission Valley (5.1 miles), and San Diego International Airport (6.0 miles). The five-mile trade area is dense and affluent, with over 664,000 residents, an average household income of $111,158, and a daytime employment population exceeding 313,000—providing a strong foundation for sustained tenant performance and long-term rent growth.

PROPERTY FACTS

Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Storefront
Building Size
70,721 SF
Building Class
C
Year Built/Renovated
1953/2013
Price
$21,995,900 CAD
Price Per SF
$311.02 CAD
Cap Rate
5.86%
NOI
$1,288,256 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.32
Lot Size
5.07 AC
Zoning
CC-2-3
Parking
247 Spaces (3.49 Spaces per 1,000 SF Leased)
Frontage
541’ on Euclid Ave

AMENITIES

  • Pylon Sign
  • Signage
  • Signalized Intersection

MAJOR TENANTS

  • TENANT
  • INDUSTRY
  • SF OCCUPIED
  • RENT/SF
  • LEASE TYPE
  • LEASE END
  • Retailer
  • 21,115 SF
  • -
  • Triple Net
  • Jan 2029

dd REMISES a ouvert son premier magasin en 2004 en tant qu'endroit où faire du magasinage et économiser dans le quartier. L'entreprise fait partie de la famille Ross, de sorte que les acheteurs savent tout sur la façon d'offrir chaque jour de bonnes affaires sur les vêtements, les chaussures, la décoration intérieure, la mode, les jouets et bien plus encore. Les dd ont les allures et les marques que leurs clients aiment, à des prix bien inférieurs à ceux des autres détaillants. Les magasins sont idéalement situés dans les centres commerciaux de quartier afin que les clients puissent commencer et terminer leurs achats près de chez eux. dd vise à offrir à ses clients des offres incroyables sur les modes les plus en vogue et sur des produits pour la maison de qualité. Il n'est donc pas surprenant que dd's signifie Deep Discounts.

  • Retailer
  • 11,159 SF
  • -
  • Triple Net
  • Jun 2038

Dollar Tree aime entendre les clients. C'est alors que les clients savent que Dollar Tree a bien fait le travail ! Dollar Tree a travaillé fort pour créer un environnement où le magasinage est amusant... un endroit où les clients peuvent découvrir de nouveaux trésors chaque semaine... un magasin où des familles entières peuvent profiter de la chasse pour ce quelque chose de spécial. Chaque magasin Dollar Tree est lumineux et bien éclairé, propre et bien organisé, et rempli de trésors cachés sans fin ! Tout aussi important, Dollar Tree continue d'offrir aux clients les produits dont nous avons besoin à des valeurs extrêmes ! Dollar Tree propose un vaste mélange passionnant de marchandises qui comprend de nombreuses marques nationales et régionales fiables.

  • FAM MART
  • Retailer
  • 30,094 SF
  • -
  • Triple Net
  • Nov 2029
  • Rent-A-Center
  • Retailer
  • 5,736 SF
  • -
  • Triple Net
  • Feb 2030
  • Valvoline
  • Retailer
  • 2,617 SF
  • -
  • Triple Net
  • Nov 2039
TENANT INDUSTRY SF OCCUPIED RENT/SF LEASE TYPE LEASE END
Retailer 21,115 SF - Triple Net Jan 2029
Retailer 11,159 SF - Triple Net Jun 2038
FAM MART Retailer 30,094 SF - Triple Net Nov 2029
Rent-A-Center Retailer 5,736 SF - Triple Net Feb 2030
Valvoline Retailer 2,617 SF - Triple Net Nov 2039

NEARBY MAJOR RETAILERS

Planet Fitness
U.S. Bank
Rent-A-Center

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
542-310-01
Land Assessment
$11,562,896 CAD
Improvements Assessment
$6,226,174 CAD
Total Assessment
$17,789,070 CAD
  • Listing ID: 37789327

  • Date on Market: 2025-09-23

  • Last Updated:

  • Address: 1745-1765 Euclid Ave, San Diego, CA 92105

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