San Diego Retail for Sale - Downtown

Marcus & Millichap is pleased to present the Gaslamp Retail Portfolio, consisting of 3 buildings on 5th Avenue in Downtown San Diego’s Gaslamp District. The portfolio consists of a Restaurant and SRO building, a Restaurant and Apartment Building, and a Restaurant and Office Building. All ground floor units are leased on NNN leases with an average rent of $5.50 per SF. 722-728 5th Avenue is home to Osteria Panevino and Asti Ristorante on the ground level, with Gaslamp Hostel occupying Floors 2 and 3. 762 5th Avenue is home to Red Ivy, a new restaurant expected to open in May 2024, and also has two floors of residentially zoned space, permitted for 8 total apartment units. 826 5th Avenue is home to Sadaf Restaurant and Casa Blanca Restaurant, and has 12 office units on the 2nd floor. The properties are available together as a portfolio as separate transactions. The portfolio is located in the heart of the Gaslamp District in Downtown San Diego. With activities for any occasion, the Gaslamp is the perfect spot for a romantic date night, birthday celebration, bachelor/bachelorette party, bar hopping, or even simply dining out with the family. With a plethora of restaurants, from quick bites to fine dining, there are endless ways to satisfy your taste no matter what you are looking for. After your meal, you can choose from a wide variety of entertainment options, including bars, clubs, cigar lounges, comedy shows, live music performances, and even rooftop escapes to avoid the crowded and busy streets. This is a one stop shop where everything is within a five minute walking distance and will surely make your night unforgettable. Come to the Gaslamp District today and experience the heart and soul of San Diego.

Date on Market:

2024-05-07

San Diego Retail for Sale - Downtown

Marcus & Millichap is pleased to present the Gaslamp Retail Portfolio, consisting of 3 buildings on 5th Avenue in Downtown San Diego’s Gaslamp District. The portfolio consists of a Restaurant and SRO building, a Restaurant and Apartment Building, and a Restaurant and Office Building. All ground floor units are leased on NNN leases with an average rent of $5.50 per SF. 722-728 5th Avenue is home to Osteria Panevino and Asti Ristorante on the ground level, with Gaslamp Hostel occupying Floors 2 and 3. 762 5th Avenue is home to Red Ivy, a new restaurant expected to open in May 2024, and also has two floors of residentially zoned space, permitted for 8 total apartment units. 826 5th Avenue is home to Sadaf Restaurant and Casa Blanca Restaurant, and has 12 office units on the 2nd floor. The properties are available together as a portfolio as separate transactions. The portfolio is located in the heart of the Gaslamp District in Downtown San Diego. With activities for any occasion, the Gaslamp is the perfect spot for a romantic date night, birthday celebration, bachelor/bachelorette party, bar hopping, or even simply dining out with the family. With a plethora of restaurants, from quick bites to fine dining, there are endless ways to satisfy your taste no matter what you are looking for . After your meal, you can choose from a wide variety of entertainment options, including bars, clubs, cigar lounges, comedy shows, live music performances, and even rooftop escapes to avoid the crowded and busy streets. This is a one stop shop where everything is within a five minute walking distance and will surely make your night unforgettable. Come to the Gaslamp District today and experience the heart and soul of San Diego.

Property Subtype:

Storefront Retail/Residential

Date on Market:

2024-05-07

San Francisco Retail for Sale - West of Van Ness

Fully leased, Marina District mixed-use investment opportunity. The 2000+ square foot ground floor retail/commercial space is leased to an industry leading cannabis dispensary, The Apothecarium SF. Fully remodeled and updated with high quality finishes. With multiple years remaining on a NNN lease and additional extensions in place this is a very stable tenant/investment. Yearly base rent increases plus a minimum percentage rent kicker help this property achieve above market rents and CAP rate. Accessed by private entrance off of Lombard, the second floor is comprised of a 1464 square foot, 3 bedroom / 2 bath apartment with stable tenants. Own a piece of San Francisco in a premier location.

Property Subtype:

Storefront Retail/Residential

Date on Market:

2024-04-25

Pasadena Flex for Sale

Commercial Building for sale! Tenant occupied. buyers to conduct due diligence with associating with the building and planning department in Pasadena,call agent for more information or to make offer. Tenant signed 3 year lease starting December, $7500 per month with 5% annual rent increase NNN.

Property Subtype:

Light Manufacturing

Date on Market:

2024-04-22

San Diego Retail for Sale - Uptown West/Park West

Marcus & Millichap is pleased to present 1405 University Ave, in the Hillcrest neighborhood of San Diego, CA. This 1,834 sqft retail building sits on University Avenue, the neighborhood’s main street with more than 20,000 vehicles passing per day. The property is 100% leased on a NNN lease to Romantix, an Adult Book Store, who recently exercised a 5-year renewal option. The tenant has been occupying the space since 2008. The property is in close proximity to the 163 freeway and is just half a mile away from Balboa Park and two miles from Fashion Valley mall and the San Diego International Airport. Landlord recently reached an agreement with tenant to break out back storage area of 1,600 SF from the lease agreement. Tenant to continue paying same rent schedule as previously, meaning that new owner can lease this space out of additional income.

Property Subtype:

Storefront

Date on Market:

2024-04-18

Modesto Retail for Sale

Briggsmore Plaza Shopping Center, NNN Investment Opportunity, 100% Leased, anchored by In-Shape Family Fitness and Grocery Outlet(NAP). This is a multi-tenant investment opportunity with three (3) tenants: In-Shape Family Fitness, Trinity Thrift, and Modesto Oriental Grocery & Deli. In-Shape has 6+ years remaining on the lease term, Trinity Thrift has 6+ years left remaining on the lease term, and Modesto Oriental Grocery & Deli has 2+ years remaining on the lease term with renewal options. Modesto Oriental Grocery and Deli has been operating from this space since 2002.

Date on Market:

2024-03-21

Chino Hills Retail for Sale - Chino/Chino Hills

PRICE REDUCED. Corcoran Group of California, Inc., Dan Corcoran is pleased to offer this exclusively listed Walgreens located at 3320 Chino HIlls Parkway, Chino Hills, CA 91709. This fee simple property presents an absolute net lease, ensuring zero landlord responsibilities, backed by a full investment-grade Walgreens guaranty, offering investors a hassle-free, passive income stream. With a preferred five-year option structure, this location presents robust sales volumes and stability The building is approximately 14,833 square feet on a 1.58 acre lot. There is an assumable (1/4 point assumption fee) $5,175,000 loan at 3.29% with monthly payments of $22,896.07 balloning in approximately nine years. The after payment cash flow (cash-on-cash) is $20,854 per month. Tenant maintains the property and pays all operating expenses directly. Property is strategically located on Chino Hills Pkwy (38,400 cars/day) with great exposure and visibility. It is on a signalized intersection adjacent to a large senior living complex and surrounded by affulent homes.

Property Subtype:

Drug Store

Date on Market:

2024-03-11

El Monte Retail for Sale - Western SGV

Property Subtype:

Freestanding

Date on Market:

2024-02-26

Long Beach Industrial for Sale - Long Beach: Suburban

This Industrial property consist of two (2) separate warehouse buildings (approx. 23,000 sf and approx.. 10,000 sf and situated on approx. 80,000 sf of land. The property has a long term lease with the City of Long Beach.

Property Subtype:

Showroom

Date on Market:

2024-02-14

Palm Desert Office for Sale - Coachella Valley

Great office building with new parking with solar panels. 2 story building almost fully occupied. Remodeled and spacious entry.

Date on Market:

2024-02-09

Tujunga Retail for Sale - Eastern SFV

Specialized Realty proudly presents the opportunity to purchase a single tenant retail asset leased by CVS Pharmacy in the prominent Tujunga Canyon Center in the heart of Tujunga, California. 6588 Foothill Blvd. is a single-tenant, absolute NNN lease with a corporate guaranty and almost zero landlord obligations in a center with well-established national tenants. The current lease has 4 years remaining (expiring March 2028) with four (4) five (5) year renewal options. Current NOI - $551,911.92 Cap Rate – 4.75% Increases – 10% every five years throughout the option periods starting in 2028, 2033, 2038, and 2043 Price per /SF - $788.40 CVS Pharmacy w/ drive-thru is the anchor tenant occupying 14,745 SF on a 1.65 acre parcel zoned LAC2 (APN 2564-012-039) in a center featuring several national retailers which include McDonald's, IHOP, WINGSTOP, and Dollar Tree. Nearby national and regional major retailers include In-N-Out, Public Storage, PetSmart, Chase, Chevron, 7-Eleven, Albertsons, Harbor Freight, Big 5, and Smart & Final. The subject benefits from its location on the major thoroughfare running from Sunland to La Canada at the signalized intersection of Tujunga Canyon and Foothill Blvd. with exposure to over 33,000 vehicles per day. The asset is located within a diverse retail landscape & affluent demographic with a median household income over $92,000 within a 3-mile radius.

Property Subtype:

Drug Store

Date on Market:

2024-02-06

Dublin Retail for Sale

2-TENANT NNN PROPERTY WITH INVESTMENT GRADE TENANTS 9 YEARS OF TERM REMAINING JP MORGAN CHASE BANK UNITED VETERNARY CARE Long term Legacy Tenancy: WAMU signed a lease as the first tenant to the project in 2006 who was then acquired by JP Morgan Chase Bank. The location has exceedingly high deposits at $326,000,000+. Chase completed interior renovations in 2022. Veterinary practice has been in place since 2010 and was sold to larger group in 2020 who then renewed the lease. United Veterinary Care operates 115 practices across the country. Project sits adjacent to a major power center anchored by Bestbuy, Barnes & Noble, The PGA Store, TJ Maxx and more. Very strong retail trade area. Dublin is a highly affluent submarket located 35 miles east of San Francisco and 30 miles north of Silicon Valley. Home to excellent public schools, the area has doubled in population in just 20 years. Home to major HQ's Carl Zeiss Meditec, Sybase, Ross Stores, Calliduscloud, and multiple government agencies including Alameda County offices.

Property Subtype:

Freestanding

Date on Market:

2024-02-01

Buena Park Office for Sale - Buena Park/La Palma

BLVD Real Estate Investment Co, Inc. is pleased to offer for sale, the fee simple interest in a newly built Kiddie Academy daycare, located within Buena Park (Orange County), CA. The property will feature a brand new 20-year absolute NNN lease starting at the close of escrow, with multiple options to extend, making this an ideal investment opportunity for a 1031 buyer or passive investor. DO NOT DISTURB TENANT/BUSINESS AS THIS IS AN ACTIVE DAYCARE/PRESCHOOL. PLEASE INQUIRE WITH LISTING AGENTS IF YOU’D LIKE TO SCHEDULE A SITE TOUR.

Property Subtype:

Medical

Date on Market:

2024-01-25

El Centro Retail for Sale

Northmarq is pleased to offer for sale to qualified investors the opportunity to purchase a fee-simple ownership interest in the Stiiizy cannabis dispensary property located in El Centro, California (“the Property”). Stiiizy is operating under an absolute NNN lease with zero landlord responsibilities whatsoever, offering a truly passive investment asset. The lease also features 2.75% annual rent escalations throughout the base term and option periods, providing investors with a boost to overall cash flows and a significant hedge against inflation. See Lease Abstract for full details. The Property is located within the city of El Centro, California, and is strategically positioned along South Dogwood Road (12,800+ VPD), providing the real estate with excellent exposure and visibility. The Property is located less than one mile south from the on/off ramps of Interstate 8, which sees over 35,000+ vehicles per day. The Property sits in an incredibly dense retail corridor as an outparcel to the Imperial Valley Mall. The shopping mall is home to Dillard's, JCPenney, and Macy's, and features more than 100 specialty shops, dining options and entertainment. Additionally, there are many other surrounding national retailers such as Marshalls, ROSS, Michael's, Ulta, Dollar Tree and Kohl's, plus multiple nationally branded hotels. El Centro is home to the Naval Air Facility El Centro, a pivotal support base for Naval Aviation Squadrons and stands as the esteemed winter home for the renowned US Navy Flight Demonstration Squadron, the Blue Angels.

Property Subtype:

Freestanding

Date on Market:

2024-01-24

La Mirada Retail for Sale - Southeast Los Angeles

INVESTMENT HIGHLIGHTS • Significant Price Reduction • Freestanding Single-Tenant NNN Leased Investment • Quick Service Fast Food with Drive Through • Investment is Priced on Land-Value at $56 PLSF • In-Place Rents in Place are Below Market • 10+ Years of In-Place Tenancy • Fee Simple Ownership • Minimal Landlord Responsibilities • First Time on Market for Sale in Generations • Traffic Counts in Excess of 28,000+ Cars Per Day DO NOT DISTURB TENANT, Contact agent for more information.

Property Subtype:

Fast Food

Date on Market:

2024-01-08

South Lake Tahoe Retail for Sale - Outer El Dorado County

Existing business with real estate - Thirty plus years of marine business history in South Lake Tahoe; operating in this location since 2009 when the owner designed this state of the art property from the ground up to meet specific needs for a marine repair shop with many applicable features including a 4,000 sq. ft. warehouse with 800 sq. ft. of office, a 2,500 sq. ft. veranda closed on two sides within a fenced yard; situated on a +/-half acre parcel. Property includes a water recycling system, ceiling beams for electric hoists in building and veranda, and a solar box to be solar ready. The property exceeds TRPA standards with all BMP's installed. The warehouse has floor drains which go to underground water/oil separating tanks. Also, a complete fire suppression system with sprinklers throughout the building. All ADA requirements are met. This full-service marine business has a large client base which includes approximately seventy (70) storage customers. Annual tourism to South Lake Tahoe swells over 3 million visitors a year. Business is buoyed by the proximity of the Tahoe Keys Neighborhood which is a 740-acre private marina community laced with eleven miles of inland waterways and +/-1,500 homes of which most have backyard boat slips. Property Highlights ? State of the Art Facility - Marine Repair and Storage (Built in 2008) and business operating for thirty plus years. ? Full-service marine business has a large client base which includes approximately seventy (70) storage customers. ? Property includes 4,000 sf warehouse including 800 sq. ft. office and an additional 2,500 sq. ft. veranda closed on two sides. ? Four large bay doors for easy access to the warehouse ? Property is situated on a +/-1/2 acre parcel w/ fenced yard. ? Water reclamation system - in compliance with TRPA standards. ? High ceiling beams with electric hoists, and sliding pulley system for easy boat storage movement. ? Office area has a kitchenette, ADA bathroom with a washer and dryer, customer counter, parts room and storage space. ? Room for a second story above the office space. ? Annual tourism to South Lake Tahoe swells over 3 million visitors a year with a large second home population. ? Business is buoyed by the proximity of the Tahoe Keys Neighborhood which is a 740-acre private marina community laced with eleven miles of inland waterways and +/-1,500 homes of which most have backyard boat slips.

Property Subtype:

Freestanding

Date on Market:

2023-10-30

Valley Springs Retail for Sale

SRS National Net Lease Group is pleased to offer the opportunity to acquire the fee simple interest (land & building ownership) in a NNN leased, investment-grade (S&P: A), freestanding, 7-Eleven investment property located in Wallace, CA (Sacramento MSA). The tenant has over 12 years of firm term remaining with 3 (5-year) option periods to extend. The lease features 7.50% rental increases every 5 years throughout the initial term and options, growing NOI and hedging against inflation. The lease is signed by the corporate entity (S&P: A) and is NNN with limited landlord responsibilities, making this an ideal, low-management investment opportunity for a passive investor. The offering features a freestanding 7-Eleven asset with 8 fueling stations. 7-Eleven is a well-recognized and established brand that franchises and/or licenses more than 78,000 stores worldwide.

Property Subtype:

Freestanding

Date on Market:

2023-10-12

Coachella Office for Sale - Coachella Valley

- 41,092 SF Class A Medical Building - New Construction - Single Tenant Net Lease - Elevator Served - 10 Year Lease With 2% Annual Increases - First Class Tenant Improvements - Abundant Parking

Property Subtype:

Medical

Date on Market:

2023-09-25

Truckee Office for Sale

Prime location on the Downtown Truckee business corridor offering high visibility/frontage on busy Donner Pass Road. This offcie suite has just been remodeled and is beautifully appointed. Commercial center parking for 45 cars, surrounded by 1.43 acres of common area.

Date on Market:

2024-08-17

Encinitas Retail for Sale - North Beach Cities

Located in the heart of Encinitas, California, a rare business opportunity awaits on busy Encinitas Blvd. For the first time in more than 25 years, an exceptional property is now available for sale, offering endless possibilities to savvy investors and entrepreneurs alike. Boasting a generous 7577 square feet of space on a prime 23,766 square foot parcel, this property presents an unparalleled opportunity to secure a solid foundation for any business. Currently operating as a flourishing child care and educational facility with thoughtfully designed outdoor play areas, the building stands testament to its success and excellent upkeep. The property's pristine condition eliminates the needs for extensive renovations or refurbishments. Its presence in an affluent area of North San Diego County only adds to its allure. What truly sets this site apart, however, is its strategic location with exceptional drive-by traffic, witnessing a daily count of more than 22,000 cars. This enviable exposure not only guarantees a steady stream of potential customers but also opens doors to a myriad of creative business opportunities. Current lease expires in approximately 2.5 years with a 5 year option on this NNN lease . Sale price is at a 4.5 CAP rate. Whether it be a boutique retail outlet, a high-end restaurant, or a wellness center, the property provides a blank canvas for an investor/user to create something truly unique.

Property Subtype:

Day Care Center

Date on Market:

2023-08-01

San Jose Retail for Sale - South San Jose

Safeway shadow anchored Multi-Tenant Retail Center For Sale. Fee simple title, fully leased NNN leased investment. Absolute triple net multi-tenant (14) shopping center with annual 3-4% rent increases in all leases. (Tenants reimburse for taxes, insurance and common area fees, plus property management, PLUS 10% Admin fee, parking lot, roof and HVAC repairs & replacement). Long term, well established tenants – Burrito Factory 20+ yrs., Poki Bowl; UPS ; Laguna Dental 15+ years. No existing financing – buyer can structure new financing that best suits its needs. All internet resistant service-oriented tenants. Great retail location in Silicon Valley shadow anchored by Safeway, McDonalds and Savers; adjacent major retail project – Almaden Ranch 350,000 Sq. Ft. anchored by Bass Pro Shops. Professionally managed property with no deferred maintenance.

Property Subtype:

Storefront

Date on Market:

2023-07-27

San Diego Retail for Sale - College Area

The Franco Realty Group is proud to exclusively present for sale this single tenant NNN investment opportunity leased to Citibank. This is an excellent 1031 exchange opportunity that will provide little to no management. The current option period expires February 1, 2028 and Citibank has Three 5-Year Options to Extend. The current Net Operating Income is $184,231.22 and there are 1.5% annual increases. The building has a drive thru and the building size is 6,256 SF. The lot size is 22,651 SF and the property is on the corner of El Cajon Boulevard and Albuquerque Street. There are approx. 20 onsite parking spaces and about 44,700 cars per day that pass by.

Property Subtype:

Bank

Date on Market:

2023-05-17

Modesto Retail for Sale

Property Subtype:

Auto Dealership

Date on Market:

2023-03-06

Redding Retail for Sale

Price Reduction - Essential CRE is pleased to present the opportunity to acquire the fee simple interest in Best Buy located at 1010 Hilltop Dr, Redding, CA (Shasta County). The subject property is 30,740 square feet and resides on 2.51 acres of land located directly off Interstate 5 in a prominent power center anchored by TJ Maxx, Michaels, BevMo, Bed Bath & Beyond, Aaron's, World Market and PetSmart with Bank of America and Verizon on pads. Located across the street is the Shasta Mall anchored by Sprout's, Macy's, JCPenney's and Ultra Beauty with Chick-fil-A, Outback Steakhouse, Panda Express, Chase Bank and Rabobank on pads. Also located across the street from the subject property are the Town & Country Center and Hilltop Center anchored by Koh's, Dick's Sporting Goods and Trader Joe's.

Property Subtype:

Freestanding

Date on Market:

2022-10-24