For Sale
$4,000,000
2202 30Th St San Diego, CA 92104
Prime San Diego storefront, 6 tenants, high NOI.
Overview
- Added:
- Dec 11, 2024
- Days on market:
- 135
Highlights
- Rare opportunity to acquire a stabilized, multi-tenant retail building in San Diego's desirable South Park neighborhood.
- 7,577 square foot building at 2202 30th Street, San Diego, CA 92104, with 100% occupancy and six tenants.
- Generates a current NOI of $180,000, with a projected pro-forma NOI of $240,000.
- Asking price: $4,000,000, offering a current cap rate of 4.50% and a pro-forma cap rate of 6.00%.
- Includes a Verizon cell tower, adding to income stream; mix of commercial suites and residential lofts on month-to-month leases.
- Renovated in 2008; APN: 539-093-07; ideal for a 1031 exchange.
Property Details for 2202 30Th St
- Property type
- Retail properties, Retail space
- Square Feet
- 7,577 SF
- Year Renovated
- 2008
- Units
- 6
Location Insight
- City
- San Diego
- County
- San Diego
- State
- California
- Latitude
- 32.7287328
- Longitude
- -117.1303194
Nearby Similar for Sale
FAQs
- What type of property is this?
- Retail property - Prime San Diego storefront, 6 tenants, high NOI.
- Where is the retail property located?
- The property is located at 2202 30Th St San Diego, CA.
- What is the asking price?
- The asking price for this property is $4,000,000.
- What are key features of this property?
- This property features: Rare opportunity to acquire a stabilized, multi-tenant retail building in San Diego's desirable South Park neighborhood.; 7,577 square foot building at 2202 30th Street, San Diego, CA 92104, with 100% occupancy and six tenants.; Generates a current NOI of $180,000, with a projected pro-forma NOI of $240,000.
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