Gaslamp Theatre located at 701 5th Avenue is a rare flagship corner at 5th & Market in the heart of the Gaslamp Quarter. The property totals approximately 54,600 SF and combines dramatic volumes approx. 24'–40' ceiling heights with exceptional Fifth Avenue frontage, creating an unparalleled canvas for experiential retail, entertainment, destination food & beverage, branded showroom, or hybrid retail/office. Originally built in 1997 and renovated in 2019, the former theater configuration supports flexible multi-level buildouts. The location benefits from constant event-driven and visitor traffic fueled by the San Diego Convention Center, Petco Park, and a dense hotel and residential base within walking distance. Positioned on Fifth Avenue, this high-visibility corner offers a brandable presence in a pedestrian-oriented district known for nightlife, dining, culture, and year-round tourism. An outstanding opportunity to reposition with a statement user or anchor tenant in San Diego’s most dynamic urban corridor. Highlights: Prime NW corner of 5th & Market in the Gaslamp Quarter Approx. 54,600 SF; former theater with flexible multi-level layout Approx. 24'–40' ceiling heights and 120’ of Fifth Avenue frontage Renovated in 2019; suited for experiential retail, entertainment, and F&B Surrounded by top demand drivers: Convention Center, Petco Park, major hotels Dense pedestrian environment with strong day-to-night foot traffic Ideal flagship presence with large-format signage and branding potential