$4,250,000 USD
619-985-5637
600-650 W Grape St
San Diego, CA 92101
Little Italy
HIGHLIGHTS
- ?Rare opportunity in Little Italy, one of Downtown’s most desirable neighborhoods
- Highly visible location with prime signage
- On-site parking — 5 tandem spaces
- Secure income stream backed by 7-Eleven, a nationally recognized credit tenant
- Diversified tenant mix with NNN lease structure
- Immediate access to I-5 and on main ingress/egress thoroughfares
OVERVIEW
Rare investment opportunity in Little Italy, one of Downtown San Diego’s most sought-after neighborhoods, featuring a four-tenant property that provides diversified income and reduced vacancy risk. The asset is anchored by 7-Eleven, a nationally recognized credit tenant with proven performance and strong customer draw, and is supported by a stable NNN lease structure delivering predictable cash flow with minimal landlord responsibilities.
FOR SALE DETAILS
PRICE
$4,250,000 USD
PRICE/SF
$651 USD /SF
CAP RATE
7.29%
# OF UNITS
1
CONDO SIZE
-
% LEASED
93%
TENANCY
-
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
Il Palazzo
PROPERTY TYPE
Multi-Family
PROPERTY SUBTYPE
Apartments
ADD'L SUBTYPES
Storefront Retail/Residential
TOTAL BUILDING SIZE
110,000 SF
STORIES
5
BUILDING CLASS
B
YEAR BUILT
2003
SPRINKLERS
-
PARKING SPACES
80
LAND DETAILS
LAND ACRES
0.69 AC
LAND SF
30,056 SF
ZONING
CCPD-ER
APN/PARCEL ID
533-222-10-01,533-222-10-02,533-222-10-03,533-222-10-04,533-222-10-05,533-222-10-06,533-222-10-07,533-222-10-08,533-222-10-09,533-222-10-10,533-222-10-11,533-222-10-12,533-222-10-13,533-222-10-14,533-222-10-15,533-222-10-16,533-222-10-17,533-222-10-18,533-222-10-19,533-222-10-20,533-222-10-21,533-222-10-22,533-222-10-23,533-222-10-24,533-222-10-25,533-222-10-26,533-222-10-27,533-222-10-28,533-222-10-29,533-222-10-30,533-222-10-31,533-222-10-32,533-222-10-33,533-222-10-34,533-222-10-35,533-222-10-36,533-222-10-37,533-222-10-38,533-222-10-39,533-222-10-40,533-222-10-41,533-222-10-42,533-222-10-43,533-222-10-44,533-222-10-45,533-222-10-46,533-222-10-47,533-222-10-48,533-222-10-49,533-222-10-50,533-222-10-51,533-222-10-52,533-222-10-53,533-222-10-54,533-222-10-55,533-222-10-56,533-222-10-57,533-222-10-58,533-222-10-59,533-222-10-60,533-222-10-61,533-222-10-62,533-222-10-63,533-222-10-64,533-222-10-65,533-222-10-66,533-222-10-67,533-222-10-68,533-222-10-69,533-222-10-70,533-222-10-71,533-222-10-72,533-222-11-01,533-222-11-02,533-222-11-03,533-222-11-04,533-222-11-05,533-222-11-06,533-222-11-07,533-222-11-08,533-222-11-09,533-222-11-10,533-222-11-11,533-222-11-12,533-222-11-13,533-222-11-14,533-222-11-15,533-222-11-16,533-222-11-17,533-222-11-18,533-222-11-19,533-222-11-20,533-222-11-21,533-222-11-22,533-222-11-23,533-222-11-24,533-222-11-25,533-222-11-26,533-222-11-27,533-222-11-28,533-222-11-29,533-222-11-30,533-222-11-31,533-222-11-32,533-222-11-33,533-222-11-34,533-222-11-35,533-222-11-36,533-222-11-37
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619-985-5637
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619-985-5637
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