6760 University Ave - Office FOR SALE


San Diego, CA 92115- Rolando
$2,600,000 USD
619-651-3412
6760 University Ave, San Diego, CA for Sale
$2,600,000 USD
Office - FOR SALE
1/11
null | Request Cap Rate

6760 University Ave
San Diego, CA 92115
Rolando


HIGHLIGHTS

  • Rare mixed-use investment on ±43,124 SF lot with ±12,196 SF building on high-traffic University Ave in La Mesa
  • Abundant parking on both sides + dual driveway access for excellent circulation
  • 98% occupied by diverse, service-oriented tenants (beauty, auto sales, law office, escape room, etc.)
  • In-place rents avg. $1.09/SF Gross ˜40% below market for strong mark-to-market upside
  • 100% month-to-month leases - immediate flexibility to re-tenant or reposition
  • Ideal owner-user play: occupy part or all while collecting rent to offset costs

OVERVIEW

6760 University Avenue, La Mesa – a 12,196 SF mixed-use building on a 43,124 SF lot, 98% leased on month-to-month leases at just $1.09/SF gross (~40% below market). Prime University Ave location with rare abundant parking, minutes from SDSU and the thriving College Area. Strong cash flow with immediate mark-to-market upside, ideal for value-add investors or owner-users. Rare opportunity in a supply-constrained market. Exclusively listed by The Totah Group of Marcus & Millichap. Contact for OM. https://thetotahgroup.com/property/lm2/

FOR SALE DETAILS

PRICE

$2,600,000 USD

PRICE/SF

$213 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

La Mesa Mixed-Use

PROPERTY TYPE

Office

ADD'L SUBTYPES

Storefront, Storefront Retail/Office

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

C

YEAR BUILT

2019

SPRINKLERS

-

PARKING SPACES

45

LAND DETAILS

LAND ACRES

0.99 AC

LAND SF

43,124 SF

ZONING

6

APN/PARCEL ID

474-130-12

ASK ABOUT THIS PROPERTY

Nick TotahMarcus & MillichapMore Info
619-651-3412

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Nick TotahMarcus & MillichapMore Info
619-651-3412

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