Pacific Coast Commercial is pleased to exclusively present this unique opportunity to secure a long-term ground lease, Lease-to-Purchase Option, or Sale of this prime commercial Retail / Office property at 7294-98 University Avenue in La Mesa.
A ground lease allows you to lease the land for an extended period, typically 10 or more years. This provides the security and flexibility to build or renovate a property tailored to your specific needs. Why a Ground Lease is Ideal for Your Business:
Property Highlights:
-Strategic Location: Situated at the busy intersection of University Ave and Yale Ave, with high visibility and excellent foot traffic.
-Generous Lot Size: 11,835 SF lot, providing ample space for development, parking, and convenient ingress/egress from both Yale Ave and University Ave.
-Diverse Zoning:
Zoning: City of La Mesa Zone C - Commercial
Chapter 24.08 - Floodway Overlay (Zone F)
Chapter 24.11 - Urban Design Overlay (Zone D)
Chapter 24.18 - MIXED USE OVERLAY (Zone MU)
-Strong Demographics: 2023 Population of ±507,000 people within 5 miles, and Average Household Income of $100,208
Don't Miss This Opportunity to Secure Your Business's Future.
Highest and Best Use: Pedestrian-oriented General Retail, Community Center, Museum, Automotive, EV Charging, Restaurant, Solar / Utilities, or Laundromat.
Contact us today to learn more about this exciting opportunity and schedule a tour!