6172-6196 University Ave

San Diego, CA 92115

• NNN Property
• Retail for Sale
• $8,116,290 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 8.29% 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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CVS PHARMACY | ABSOLUTE NNN - 14589 Camino Del Norte

San Diego, CA 92128

• NNN Property
• Retail for Sale
• $12,747,320 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
• $8,743,992 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
• $20,749,955 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
• $3,052,280 CAD
• 2,030 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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7-Eleven - 10710 Woodside Ave

Santee, CA 92071

• NNN Property
• Retail for Sale
• $4,439,680 CAD
• 5,374 SF

Santee Retail for Sale - East County

SURMOUNT is pleased to present the exclusive listing for a 7-Eleven located at 10710 Woodside Avenue, Santee, CA 92071, a rare fee-simple, single-tenant net-lease opportunity in one of San Diego County's most supply-constrained investment markets. The site consists of roughly 5,374 rentable square feet on an estimated 0.55-acre parcel. 7-Eleven is subject to a brand-new 10-year Triple Net (NNN) lease commencing 8/1/2026, producing $160,000 in current annual rent with scheduled 10% increases every five years.

Contact:

Surmount

Property Subtype:

Convenience

Date on Market:

2026-07-30

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A COASTAL TROPHY SINGLE TENANT NNN INVESTMENT - 135 N Highway 101

Solana Beach, CA 92075

• NNN Property
• Retail for Sale
• $6,576,276 CAD
• 2,572 SF

Solana Beach Retail for Sale - North Beach Cities

FIRST TIME OFFERED IN 50 YEARS - Single Net Properties is pleased to exclusively offer the opportunity to acquire the fee simple interest in a coastal NNN Investment property - Pizza Port Brewing Company, the iconic flagship location situated at 135 North Highway 101 in the heart of Solana Beach, California. This exceptional coastal investment combines long-term, stable cash flow with irreplaceable real estate in one of Southern California’s most affluent and supply-constrained markets. Anchored by Pizza Port, one of San Diego’s most recognized restaurant and craft brewery brands, the property has served as the company’s original flagship location for nearly four decades and continues to be a destination for both residents and visitors. The investment is further strengthened by a long-term lease with OutFront Media (Bill Board), providing a second diversified income stream from a highly visible Highway 101 billboard. Positioned along historic Coast Highway 101, the property benefits from outstanding visibility, exceptional pedestrian activity, and immediate access to some of San Diego County’s most desirable coastal communities, including Del Mar, Rancho Santa Fe, Encinitas, Cardiff-by-the-Sea, and La Jolla. Solana Beach is widely recognized for its affluent demographics, strong tourism, limited development opportunities, and enduring demand for coastal real estate. The surrounding area is home to premier destinations including the Cedros Design District, Belly Up Tavern, Fletcher Cove Beach, Del Mar Fairgrounds, the Del Mar Racetrack, and numerous luxury residential communities that contribute to the property’s year-round customer base. The investment offers long-term stability through contractual rent growth while also providing investors with meaningful future value creation opportunities. Scheduled rent increases enhance cash flow over time, while the existing OutFront Media billboard lease represents a rare and valuable outdoor advertising asset in one of California’s most highly regulated coastal markets. Together, these characteristics create a unique opportunity to own an institutional-quality asset with diversified income, exceptional tenant quality, and significant long-term appreciation potential. Investment opportunities of this caliber are exceedingly rare. The combination of a flagship restaurant location, an established national billboard tenant, irreplaceable coastal real estate, and one of the strongest demographic profiles in Southern California positions this property as a true legacy investment—offering durable income today with exceptional long-term value for generations to come.

Contact:

Single Net Properties

Property Subtype:

Restaurant

Date on Market:

2026-07-24

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2040 Mission Rd

Escondido, CA 92029

• NNN Property
• Industrial for Sale
• $8,299,381 CAD
• 14,000 SF

Escondido Industrial for Sale

2040 West Mission Road presents the opportunity to acquire a single-tenant net leased industrial asset occupied by Caliber Bodyworks, LLC, an operating subsidiary of Caliber Collision, one of the largest automotive collision repair platforms in the United States. The property benefits from a long operating history, with the tenant having continuously operated at this location since 2000 and currently committed through August 2035 under a long-term lease featuring annual 3% rental increases. Positioned within Escondido's established industrial corridor, the property offers direct connectivity to State Route 78 and Interstate 15 via Mission Road and Nordahl Road, providing efficient regional access throughout North San Diego County. The site is surrounded by a mix of industrial, automotive, and service-oriented businesses that support ongoing tenant demand and operational efficiency. Its location along a heavily traveled commercial corridor enhances visibility while maintaining convenient access for customers, employees, and service vehicles. The approximately 14,000-square-foot building is situated on a rectangular parcel of approximately 32,234 square feet and is configured to support high-volume automotive operations. The property features ten grade-level loading doors, including oversized doors, extensive paved circulation areas, multiple access points, and parking capacity that exceeds many comparable automotive facilities. Recent roof and HVAC replacements completed in 2025 further contribute to the property's functionality. The lease structure provides reimbursement of real estate taxes, insurance, and common area operating expenses, including structural, roof, and parking lot maintenance, creating a predictable income stream. Combined with its strategic North County location, established tenancy, and contractual rent growth, the asset offers investors a stabilized industrial investment opportunity in a supply-constrained Southern California market.

Contact:

Voit Real Estate Services

Date on Market:

2026-07-23

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