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Investment Highlights

  • Highly Desirable Location
  • New Apartments Near 3861-83 Fifth Avenue, San Diego
  • Uptown Community Growing
  • Move-in Ready
  • Increase Population Due to New Apartments
  • Strong Demographics

Executive Summary

Monthly Rent: $8,101.00 + NNN
Annual Rent: $97,212
Price PSF: $825 Structure / $521 Land Only
Current Lease Term: Month-to-Month
Tenancy: Single Tenant NNN, 100% Occupied

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Property Facts

Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Storefront
Building Size
3,214 SF
Building Class
C
Year Built
1920
Price
$3,660,766 CAD
Price Per SF
$1,139.01 CAD
Cap Rate
3.78%
NOI
$138,319 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
0.67
Lot Size
0.11 AC
Zoning
CC-3-9
Parking
3 Spaces (1.14 Spaces per 1,000 SF Leased)
Frontage
52’ on 5th Ave

Amenities

  • Signage
Exceptionally walkable
100/100
Very drivable
80/100
Good public transit
60/100
Moderately bikeable
70/100

Nearby Major Retailers

Starbucks
California Bank & Trust
Chase Bank
Bank of America
Bank of America Mortgage
US Bank
Whole Foods
Bad Ass Coffee Of Hawaii
The Halal Guys
Five Guys

Property Taxes

Property Taxes

Parcel Number
452-282-03
Land Assessment
$1,444,619 CAD
Improvements Assessment
$1,123,591 CAD
Total Assessment
$2,568,210 CAD
  • Listing ID: 32493368

  • Date on Market: 2024-07-17

  • Last Updated:

  • Address: 3681-3683 5th Ave, San Diego, CA 92103

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