Log In/Sign Up
Your email has been sent.
6172-6196 University Ave 20,868 SF 94% Leased Retail Building San Diego, CA 92115 $10,271,599 CAD ($492.22 CAD/SF) 6.30% Cap Rate
EXECUTIVE SUMMARY
This 20,934 SF Retail/Mixed Use property is spread across three parcels at a high-traffic intersection on University Ave and College Ave.
Unit mix includes 9 retail, 3 warehouse, 17 small industrial workshops, and a 3bedroom apartment. 0.82-acre lot with 28 dedicated parking spaces and ample street parking, with zoning designations (RS-1-7 & CC-4-3) and inclusion in the Central Urbanized Planned District.
Located in the Mid-City Eastern Area and a designated Transit Priority Area, the site offers strong visibility, stable cash flow, and long-term upside due to its central location near housing and public transit.
Proforma cap rate 8.67%
Unit mix includes 9 retail, 3 warehouse, 17 small industrial workshops, and a 3bedroom apartment. 0.82-acre lot with 28 dedicated parking spaces and ample street parking, with zoning designations (RS-1-7 & CC-4-3) and inclusion in the Central Urbanized Planned District.
Located in the Mid-City Eastern Area and a designated Transit Priority Area, the site offers strong visibility, stable cash flow, and long-term upside due to its central location near housing and public transit.
Proforma cap rate 8.67%
DATA ROOM Click Here to Access
- Offering Memorandum
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront
Building Size
20,868 SF
Building Class
C
Year Built
1970
Price
$10,271,599 CAD
Price Per SF
$492.22 CAD
Cap Rate
6.30%
NOI
$647,342 CAD
Percent Leased
94%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.59
Lot Size
0.82 AC
Zoning
CC-4-3 - Base Zone Designation: RS-1-7 & CC-4-3. Complete Communities Housing Solutions: FAR Tier 3: 6.5 FAR. Parking Standards Transit Priority Area.
Parking
28 Spaces (1.34 Spaces per 1,000 SF Leased)
Frontage
141’ on University Ave
AMENITIES
- Bus Line
- Corner Lot
- Signage
- Wheelchair Accessible
- Storage Space
SPACE AVAILABILITY
- SPACE
- SIZE
- SPACE USE
- POSITION
- AVAILABLE
- STOR-C
- 300 SF
- Industrial
- -
- Now
- STOR-D
- 440 SF
- Industrial
- -
- Now
| Space | Size | Space Use | Position | Available |
| 6192 | 975 SF | Retail | In-Line | Now |
| STOR-C | 300 SF | Industrial | - | Now |
| STOR-D | 440 SF | Industrial | - | Now |
| STOR-L | 360 SF | Industrial | - | Now |
6192
| Size |
| 975 SF |
| Space Use |
| Retail |
| Position |
| In-Line |
| Available |
| Now |
STOR-C
| Size |
| 300 SF |
| Space Use |
| Industrial |
| Position |
| - |
| Available |
| Now |
STOR-D
| Size |
| 440 SF |
| Space Use |
| Industrial |
| Position |
| - |
| Available |
| Now |
STOR-L
| Size |
| 360 SF |
| Space Use |
| Industrial |
| Position |
| - |
| Available |
| Now |
1 of 3
VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
6192
| Size | 975 SF |
| Space Use | Retail |
| Position | In-Line |
| Available | Now |
1 of 5
VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
STOR-L
| Size | 360 SF |
| Space Use | Industrial |
| Position | - |
| Available | Now |
Walk Score®
Very Walkable (80)
DEMOGRAPHICS
Demographics
1 Mile
3 Mile
5 Mile
15 min drive
2024 Population
29,052
233,246
575,477
859,785
2029 Population
28,695
231,382
571,008
862,659
2024-2029 Projected Population Growth
-1.2%
-0.8%
-0.8%
0.3%
Median Age
34.6
35.4
36.5
37.4
College Degree + Higher
32%
28%
32%
21%
Daytime Employees
7,573
58,974
174,893
399,081
Total Businesses
1,271
9,144
24,169
48,871
Average Household Income
$93,487
$90,455
$98,505
$112,642
Median Household Income
$67,885
$67,475
$75,820
$88,854
Total Consumer Spending
$341.2M
$2.6B
$7B
$10.5B
2024 Households
10,210
80,980
208,027
311,602
Average Home Value
$682,302
$685,444
$682,988
$751,360
$ values in USD
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $2,793,407 CAD | |
| Land Assessment | $3,079,910 CAD | Total Assessment | $5,873,317 CAD |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$3,079,910 CAD
Improvements Assessment
$2,793,407 CAD
Total Assessment
$5,873,317 CAD
1 of 11
VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
Presented by
6172-6196 University Ave
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.