DO NOT DISTURB THE TENANTS This coastal property is made up of various restaurants and office space, with a total building size of 38,103 square feet. Downstairs you will find three restaurants, a clothing store and the 7,100 vacant retail space that was previously occupied by Sketchers. All of the ground floor leases are on triple net lease agreements. Upstairs is filled with about 45 executive offices, an onsite manager, a printing room and a large conference room. The executive suites all have less than one year left on the term of their lease. Some of the offices have interior views of the ground floor anchor retail space and some of the offices have views of Garnet Avenue and the ocean. The total land size of the 6 parcels totals 62,500 square feet, or 1.43 acres of land. Due to the land’s proximity to the ocean and Crystal Pier, the parking generates a tremendous amount of income across 121 parking spaces. This is an excellent opportunity for an Owner-User to relocate their headquarters at this amazing location with tremendous signage amongst strong foot and vehicle traffic. A company can occupy over 18,000 square feet of space or more than 51% of the building size, which qualifies for SBA Financing. An investor can reposition the Seacoast Center by leasing out the vacant spaces, improving the parking lot and gradually raising rents over time. A developer can collect a decent return on investment while entitling the property into a mixed- use development.
Property Details
Price:
$31,000,000
MLS #:
240022598SD
Status:
Active
Baths:
0
Address:
4475 Mission Bouleard 4230440100
Type:
Land
Subdivision:
Pacific Beach
Neighborhood:
92109pacificbeach
City:
San Diego
Listed Date:
Sep 23, 2024
State:
CA
ZIP:
92109
Lot Size:
62,500 sqft / 1.43 acres (approx)
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Schools
Interior
Exterior
Fencing
None
View
Ocean, None
Financial
Association Fee
0.00
Utilities
Cable Available, Natural Gas Available, Phone Available, See Remarks
Map
Community
- Address4475 Mission Bouleard 4230440100 San Diego CA
- Area92109 – Pacific Beach
- SubdivisionPacific Beach
- CitySan Diego
- CountySan Diego
- Zip Code92109
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Courtesy of Tony Franco Realty, Inc.. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the California Regional Multiple Listing Service. Detailed information about real estate listings held by brokerage firms other than include the name of the listing broker. Neither the listing company nor shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2024. California Regional Multiple Listing Service. All rights reserved.
4475 Mission Bouleard 4230440100
San Diego, CA
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