1105 Rosecrans St - Retail FOR SALE


San Diego, CA 92106- Roseville-Fleet Ridge
$9,500,000 USD
619-750-8909
1105 Rosecrans St, San Diego, CA for Sale
$9,500,000 USD
Retail - FOR SALE
1/6
null | 4.88% Cap Rate

1105 Rosecrans St
San Diego, CA 92106
Roseville-Fleet Ridge


HIGHLIGHTS

  • Busy signalized intersection
  • 100% NNN investement
  • Abundance of parking and additional storage units on site

OVERVIEW

A Generational Point Loma Investment Opportunity 1105–1145 Rosecrans Street presents an exceptionally rare opportunity to acquire a prominent multi-tenant commercial property in the heart of Point Loma Village, one of San Diego’s most established and supply-constrained coastal communities. Held within the same family ownership for more than 100 years, the property is being offered for sale for the first time, creating a truly generational acquisition opportunity. Strategically positioned at the highly visible intersection of Rosecrans Street and Canon Street, the offering consists of three parcels totaling approximately 29,728 square feet (0.68 acres) with approximately 11,659 square feet of existing improvements. The property is occupied by a diverse mix of established neighborhood businesses and generates approximately $493,000 in scheduled annual rental and parking revenue, providing an investor with immediate in-place cash flow. The property benefits from an irreplaceable Point Loma location along one of the peninsula’s primary commercial corridors. It is surrounded by restaurants, neighborhood retailers, marine-oriented businesses, services and affluent residential neighborhoods, while being located just blocks from San Diego Bay and the Point Loma waterfront. Beyond its current income stream, the offering provides investors with a substantial underlying land position in coastal San Diego. The three-parcel configuration, approximately 0.68-acre site and CC-4-2 zoning provide meaningful long-term optionality, subject to applicable zoning, Coastal Overlay Zone requirements and governmental approvals. At an asking price of $9,500,000, the property offers a compelling combination of established cash flow, significant underlying land value, a prominent corner location and long-term redevelopment potential. Opportunities to acquire nearly three-quarters of an acre in the heart of Point Loma Village are exceptionally limited, particularly properties that have remained under the same family ownership for more than a century. This is more than the acquisition of a multi-tenant retail investment—it is the opportunity to acquire a prominent Point Loma corner, three parcels, established income and a significant piece of coastal San Diego real estate that may not be available again for generations.

FOR SALE DETAILS

PRICE

$9,500,000 USD

PRICE/SF

$815 USD /SF

CAP RATE

4.88%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

11005 - 1145 Rosecrans Street

PROPERTY TYPE

Retail

ADD'L SUBTYPES

Convenience Store, Restaurant, Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1955

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.68 AC

LAND SF

29,728 SF

ZONING

CC-4-2

APN/PARCEL ID

531-372-02-00,531-372-03-00,531-372-08-00

ASK ABOUT THIS PROPERTY

Joe VirgilioStrom Commercial Real EstateMore Info
619-750-8909

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Joe VirgilioStrom Commercial Real EstateMore Info
619-750-8909

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.