La Mesa Land for Lease - East County
Are you ready to take your business to the next level?
Pacific Coast Commercial is pleased to exclusively present this unique opportunity to secure a long-term ground lease for a prime commercial property in the heart of La Mesa at 7294-98 University Avenue.
What is a Ground Lease? A ground lease allows you to lease the land for an extended period, typically 10 or more years. This provides the security and flexibility to build or renovate a property tailored to your specific needs.
Why a Ground Lease is Ideal for Your Business:
1. Long-Term Security: A ground lease offers long-term stability, allowing you to plan for the future without the worry of lease expirations and significant Retail lease rate increases over time.
2. Significant Tax Benefits: Ground leases can offer substantial tax advantages, including deductions for lease payments and property improvements.
3. Reduced Operating Costs: A ground lease can provide opportunities to reduce operating costs, such as through energy-efficient upgrades or solar panel installations.
4. Flexibility and Customization: Design and build a space that perfectly aligns with your business's vision and requirements.
Property Highlights:
-Strategic Location: Situated at the busy intersection of University Ave and Yale Ave, with high visibility and excellent foot traffic.
-Generous Lot Size: 11,835 SF lot, providing ample space for development, parking, and convenient ingress/egress from both Yale Ave and University Ave.
-Diverse Zoning:
Zoning: City of La Mesa Zone C - Commercial
Chapter 24.08 - Floodway Overlay (Zone F)
Chapter 24.11 - Urban Design Overlay (Zone D)
Chapter 24.18 - MIXED USE OVERLAY (Zone MU)
-Strong Demographics: 2023 Population of ±507,000 people within 5 miles, and Average Household Income of $100,208
Don't Miss This Opportunity to Secure Your Business's Future.
Highest and Best Use: Pedestrian-oriented General Retail, Community Center, Museum, Automotive, EV Charging, Restaurant, Solar / Utilities, or Laundromat.
Contact us today to learn more about this exciting ground lease opportunity and to explore how it will elevate your business to new heights!
