748-752 6th Ave 6,624 SF 100% Leased Retail Building San Diego, CA 92101 $6,509,077 CAD ($982.65 CAD/SF) 6.03% Cap Rate

Stable, Leased Investment with Annual Rent Bumps
- The property is 100% leased to 3 long-term tenants: Hub Market & Deli, Pushkin Lounge & Bar, and AC Hotel Gaslamp (admin office). The Hub Market business has occupied the property for 30+ years, while Pushkin and AC Hotel Gaslamp have occupied it for 10 & 9 years, respectively.
- Ease of management property with minimal Landlord responsibilities and 3.0% annual rent increases for each tenant.
Excellent Downtown Location
- The property is well situated in the heart of the Gaslamp and surrounded by hotels, residential, and new restaurants.
- With high pedestrian traffic and prominent street front visibility, the property is well positioned for long-term retail success.
Long-Term Passive Investment Opportunity
- Attractive yield for a downtown San Diego Gaslamp retail investment with stable, long-term historical occupancy and future rent growth imbedded in the leases.
- Property presents and ideal passive investment opportunity to hold for the long-term.
Busy, Thriving Downtown Corridor
- The Gaslamp Quarter in downtown San Diego is one of the region’s busiest communities offering an abundance of dining and entertainment options for both locals and tourists.
- The area surrounding the property is very densely populated with 54,476 residents plus 21,454 hotel rooms in a 1-mile radius.