6172-6196 University Ave

San Diego, CA 92115

• NNN Property
• Retail for Sale
• $8,061,300 CAD
• 20,934 SF

• Air Conditioning

San Diego Retail for Sale - College Area

6172-6196 University Avenue is a 20,934-square-foot retail and mixed-use investment property located at the signalized corner of University Avenue and College Avenue in San Diego’s Mid-City corridor. The property spans three legal parcels totaling approximately 0.82 acres and includes 30 revenue-generating units across a diversified mix of retail, warehouse, small-bay industrial/workshop, and residential uses. The asset is 94% occupied and benefits from strong recent leasing activity, including six leases signed in 2025 and one additional new lease in 2026. Several tenants have multi-year terms and built-in annual increases, while portions of the rent roll remain below market, creating a clear path for future NOI growth as leases roll. At the $6,000,000 asking price, the property offers an approximately 7.44% current cap rate based on in-place NOI of approximately $435,018 and an 8.50% proforma cap rate based on projected NOI of approximately $497,249. Ownership has completed substantial 2024-2025 improvements, including fire/life-safety upgrades, ADA work, stormwater BMP compliance, electrical improvements, plumbing, HVAC, and a full renovation of the 6192-6196 wing, which was converted from one unit into three leasable suites. These improvements strengthen the property’s operating profile and reduce the near-term burden on incoming ownership. The location offers excellent visibility along University Avenue, one of San Diego’s primary east-west commercial corridors, with approximately 30,000+ vehicles per day, nearby transit access, and proximity to SDSU, I-8, City Heights, Mid-City, and surrounding residential density. The site is located within a Transit Priority Area and the Central Urbanized Planned District, giving investors a combination of durable in-place income, leasing upside, and long-term repositioning potential.

Contact:

Palm Tree Properties

Property Subtype:

Storefront

Date on Market:

2026-04-28

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6780-6786 La Jolla Blvd

La Jolla, CA 92037

• NNN Property
• Retail for Sale
• $6,738,420 CAD
• 5,176 SF

• Air Conditioning

La Jolla Retail for Sale

Rare mixed-use investment opportunity located just one block from Windansea Beach in La Jolla. The property consists of five total units, including three commercial spaces and two residential units. The commercial spaces are currently leased, providing existing income, while the residential component offers additional income and long-term upside. The property benefits from its highly desirable coastal location with close proximity to Windansea Beach, La Jolla Boulevard, restaurants, shops and neighborhood amenities. A unique opportunity to acquire a mixed-use asset in one of San Diego’s most desirable coastal communities with strong long-term ownership and investment potential.

Contact:

Wellington Commercial

Property Subtype:

Storefront Retail/Residential

Date on Market:

2026-08-20

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453 Main St

Ramona, CA 92065

• NNN Property
• Retail for Sale
• $2,383,940 CAD
• 8,744 SF

Ramona Retail for Sale - Outlying SD County N

Investment opportunity featuring four automotive service buildings totaling 8,744 SF on 0.71 acres across four APNs in the heart of Ramona. The property is occupied by long-term tenant MDS Diesel Services, providing established occupancy and income potential. Located within the RMV5 zoning district, the site offers future multifamily redevelopment potential, creating a compelling opportunity for investors seeking both current income and long-term upside.

Contact:

Colliers

Property Subtype:

Auto Repair

Date on Market:

2026-08-14

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Carl's Jr. - 611 Douglas Dr

Oceanside, CA 92058

• NNN Property
• Retail for Sale
• $4,488,422 CAD
• 3,171 SF

Oceanside Retail for Sale

This Carl’s Jr. features a 20-year NNN franchisee-guaranteed lease with two 5-year renewal options. The property is operated by a prominent franchisee that manages over 50 Carl’s Jr. locations throughout California and Nevada. The asset is a freestanding QSR restaurant located within a prime suburban infill market characterized by strong barriers to entry. According to Placer.ai, the site has +15,500 visits per month, ranking in the 86th percentile among Carl’s Jr. locations within a 30-mile radius. Situated near the intersection of Douglas Drive and North River Road, the property has over 53,400 VPD in combined traffic counts and is less than 1.5 miles from Highway 76, a major east-west corridor connecting Oceanside, Camp Pendleton, and North Inland San Diego County. The site is strategically positioned near Marine Corps Base Camp Pendleton, one of the nation’s largest military installations, with a daytime population of +70,000 military and civilian personnel. Major developments in the area include North River Farms, a 177-acre master-planned community featuring approximately 656 homes and future commercial development. Additional nearby projects include Lennar’s OceanPointe and Meritage Homes’ Pacifica communities, which will collectively add more than 300 residential units. The property serves an affluent and densely populated trade area with +221,200 residents and an average HHI of +$119,900 within a 5-mile radius. Watch Property Video: https://vimeo.com/1213362451/422cd5b72f

Contact:

Cushman & Wakefield

Property Subtype:

Fast Food

Date on Market:

2026-08-12

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CVS PHARMACY | ABSOLUTE NNN - 14589 Camino Del Norte

San Diego, CA 92128

• NNN Property
• Retail for Sale
• $12,660,954 CAD
• 16,972 SF

San Diego Retail for Sale - Rancho Bernardo

CVS Pharmacy | Absolute NNN | Prime I-15 Corridor Location | Signalized Hard Corner Intersection - High-Traffic: 80k+ Vehicles per Day | Densely Populated and Affluent Trade Area: $178k+ Avg. HHI | Across Carmel Mountain Plaza Shopping Center | Minutes from Medical Center | Strong Regional Demand Drivers Established, Upscale San Diego Market | 26+ Year Historical Occupancy.

Contact:

The Mansour Group of Marcus & Millichap

Property Subtype:

Drug Store

Date on Market:

2026-08-10

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United Pacific: Valley Center, CA - 27406 valley ctr

Valley Center, CA 92082

• NNN Property
• Retail for Sale
• $8,684,749 CAD
• 1,102 SF

Valley Center Retail for Sale - Escondido

CBRE is pleased to offer for sale the 1,102-square-foot United Pacific gas station and convenience store positioned on 1.44 acres in Valley Center, California — part of the Los San Diego MSA (MSA Population: 13M+). The site is subject to a ±7.9-year absolute NNN lease with a rental increase of 7.50% in July 2029 and in each of the three, 5-year renewal options. Business is not for sale

Contact:

CBRE

Property Subtype:

Service Station

Date on Market:

2026-08-07

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5620-5660 Friars Rd

San Diego, CA 92110

• NNN Property
• Office for Sale
• $20,609,368 CAD
• 55,196 SF

San Diego Office for Sale - PB/Rose Canyon/Morena

Single-Tenant Headquarter Leaseback — Institutional Credit — 10-Year Net Lease — Zero Landlord Obligations: Upon close of escrow, RICK (Rick Engineering Company) will execute a 10-year NNN leaseback of its Mission Valley corporate headquarters. The absolute net structure delivers a fully passive income stream from day one. — Corporate Headquarters — Purpose-Built Operations Hub: The subject property at 5620 Friars Road serves as RICK’s headquarters and primary operations hub for one of the western United States’ most prominent engineering and design firms. — 70-Year San Diego Institution: Founded in 1955, and with a rich history in community development, RICK has operated continuously for more than 70 years, building deep-rooted relationships across public agencies, transportation authorities, and the military. The firm has completed 20,000+ projects across the western United States and received multiple APWA, ASCE, and ACEC awards in 2025 and 2026. Mission Valley — The Geographic Center of San Diego — Geographic Core of San Diego County: Mission Valley sits at the geographic center of San Diego, positioned at the confluence of I-8, I-15, and SR-163 — three of the region’s highest-volume freeway corridors. RICK’s workforce of 400+ employees draws from every major residential community in the county, from North County to Chula Vista. — Immediate I-8 Freeway Access: The property fronts Friars Road with immediate on/off access to I-8, which carries more than 200,000 vehicles per day through the valley. San Diego International Airport (SAN) is approximately 4 miles west, making 5620 Friars Road one of the most logistically efficient corporate addresses in San Diego County. Strong San Diego Market Fundamentals — 0% Office Vacancy Rate/ Highest Demand: Free-standing single tenant office standing buildings within Mission Valley between 20,000 SF to 100,000 SF are rarely available for lease evident by the low 0% vacancy rate (source: Costar). Any tenant within this size range would have to commingle with other tenants inside a multi-tenant office building. — Defense-Anchored, Diversified Economy: San Diego is home to the largest concentration of military installations in the world and a top-5 U.S. biotech and life sciences cluster, generating consistent, recession-resistant demand for the engineering, planning, and infrastructure services RICK provides. The metro GDP exceeds $250 billion.

Contact:

CBRE, Inc.

Date on Market:

2026-08-06

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RARE BIRD ROCK COASTAL INVESTMENT PROPERTY - 5518 La Jolla Blvd

La Jolla, CA 92037

• NNN Property
• Retail for Sale
• $3,031,600 CAD
• 1,811 SF

• Restaurant

La Jolla Retail for Sale

A RARE BIRD ROCK COASTAL INVESTMENT & REDEVELOPMENT OPPORTUNITY 5518-5520 La Jolla Boulevard presents a rare opportunity to acquire an irreplaceable commercial property in the heart of Bird Rock, one of Southern California’s most coveted coastal communities. Home to Lupi Vino Cucina Bar, a beloved neighborhood restaurant that has successfully operated at this location for more than two decades, the property offers immediate income with exceptional near-term flexibility. With approximately one year remaining on the current lease term followed by a five-year Fair Market Value renewal option, investors have a unique opportunity to reset rents to market, negotiate a long-term lease extension with an established operator, reposition the property for a new tenant, or evaluate future redevelopment opportunities. Situated along the highly desirable La Jolla Boulevard corridor, the property benefits from outstanding pedestrian activity, affluent surrounding demographics, and immediate proximity to the Pacific Ocean, boutique retail, award winning restaurants, and the vibrant Bird Rock Village. Zoned LJPD-4, the site also offers compelling long-term mixed-use redevelopment potential, with opportunities to increase development intensity through available zoning incentives and housing programs. Whether viewed as a stable coastal investment with significant upside or a strategic land acquisition for future redevelopment, 5518–5520 La Jolla Boulevard represents an exceptionally scarce opportunity to own one of the few commercial properties available in Bird Rock.

Contact:

Single Net Properties

Date on Market:

2026-07-31

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