SRS National Net Lease is pleased to offer the opportunity to acquire the fee simple interest (land & building ownership) in San Diego Marketplace, a 100% leased, multi-tenant community shopping center located at 1745–1765 Euclid Avenue in San Diego, California. The property features a stable rent roll with national credit tenants including dd’s Discounts and Dollar Tree, both of which have occupied the space at the center since 2013 - demonstrating long-term commitment. Additionally, the property includes out-parcels leased to Rent-A-Center (5 years remaining) and Valvoline (14 years remaining). This income-producing asset offers an attractive blend of essential service and value retail tenancy, supported by long-term NNN leases and minimal expense leakage—making it a strong, passive investment opportunity in a high-demand Southern California market.
Strategically located near the signalized intersection of Euclid Ave (28,300 VPD) and Federal Boulevard (9,200 VPD), and just one mile from State Highway 94 (160,500 VPD), the property benefits from exceptional visibility and accessibility. San Diego Marketplace is adjacent to a Planet Fitness and just two miles from College Grove Center—a 624,000 square foot regional power center anchored by Target and Sam’s Club. The property is centrally located within the San Diego metro, offering proximity to major demand drivers including San Diego State University (3.6 miles), Downtown San Diego and Balboa Park (4.0 miles), Mission Valley (5.1 miles), and San Diego International Airport (6.0 miles). The five-mile trade area is dense and affluent, with over 664,000 residents, an average household income of $111,158, and a daytime employment population exceeding 313,000—providing a strong foundation for sustained tenant performance and long-term rent growth.