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Investment Highlights

  • High-visibility location along University Avenue corridor
  • Strong traffic exposure with landscaped median and turning lanes

Executive Summary

• ±4,345 SF industrial building on ±13,812 SF combined lot
• Single-Tenant Net-Leased (STNL) Investment – Interstate Batteries Corp
• Two-parcel assemblage (APN: 474-080-07-00 & 474-080-08-00)
• High-visibility location along University Avenue corridor
• Strong traffic exposure with landscaped median and turning lanes
• Roof-top billboard signage providing exceptional visibility
• Divisible building configuration offering flexible leasing potential
• Approximately 12' clear height suitable for storage and light industrial uses
• Fenced yard area for secure parking or storage
• Off-street shipping and receiving capabilities
• Recently re-roofed and well-maintained building
• Strong surrounding demographics near Helix High School, the Kroc Center, and Rolando Village
• Located in an active redevelopment corridor with ongoing retail and commercial revitalization

Property Facts

Sale Type
Investment
Sale Condition
1031 Exchange
Property Type
Retail
Building Size
4,345 SF
Building Class
C
Year Built
1952
Price
$2,551,039 CAD
Price Per SF
$587.12 CAD
Cap Rate
6.33%
NOI
$161,481 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.31
Lot Size
0.32 AC
Zoning
C
Parking
14 Spaces (3.22 Spaces per 1,000 SF Leased)

Major Tenants

  • Tenant
  • Industry
  • SF Occupied
  • Rent/SF
  • Lease End
  • C B Hair & Nails
  • Services
  • -
  • -
  • -
  • Retailer
  • -
  • -
  • -

At Interstate® they are driven by their unique combination of proven experience, integrity and heart – determined to meet the needs of those they serve today, while thinking ahead to what they’ll need tomorrow. They are committed to standing behind everything they do and delivering the excellence that professionals trust. Built to top industry standards, Interstate Batteries® has been technician’s choice for many years and counting. Their business is powered by a Distributor network of hundreds of wholesale warehouses and backed up by various dealers around the world as well as numerous All Battery Center franchise stores. Guided by a set of common values, they're committed to enriching lives as they deliver the most trustworthy source of power to the world – now, and for generations to come.

Tenant Industry SF Occupied Rent/SF Lease End
C B Hair & Nails Services - - -
Retailer - - -
Moderately walkable
60/100
Exceptionally drivable
100/100
Some public transit
40/100
Fairly bikeable
40/100

Nearby Major Retailers

Capriotti's
Planet Fitness
Starbucks
Food 4 Less
Bank of America
Ralphs
Mission Federal Credit Union
Chase
L & L Hawaiian Barbecue
Smart & Final

Property Taxes

Property Taxes

Parcel Numbers
Multiple
  • 474-080-07
  • 474-080-08
Land Assessment
$902,737 CAD
Improvements Assessment
$363,982 CAD
Total Assessment
$1,266,720 CAD
  • Listing ID: 39695821

  • Date on Market: 2026-03-06

  • Last Updated:

  • Address: 7030-7036 University Ave, La Mesa, CA 91942

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