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789 Harbor DrSan Diego, CA 92101

73,823 SF Restaurant, Prime Location

Overview

Added:
Dec 11, 2024
Days on market:
114
This exceptional 73,823 square foot restaurant property, known as "The Headquarters," presents a compelling investment opportunity in San Diego's vibrant Marina District. Situated at the intersection of West Harbor Drive and Pacific Highway, this open-air shopping center benefits from a high-traffic location, attracting both local residents and the millions of tourists visiting downtown San Diego annually. Currently boasting a 16.7% vacancy rate, this property offers significant value-add potential through lease-up, while simultaneously providing stable cash flow secured by a weighted average lease term of 10 years. The diverse tenant mix includes a blend of food and beverage establishments, daily needs retailers, and apparel stores, catering to a broad customer base. The property's strategic adjacency to the Manchester Grand Hyatt, a 1,628-room hotel with extensive conference facilities, further enhances its appeal. As the only waterfront retail environment in the area, alongside Seaport Village, "The Headquarters" enjoys a prime position within a thriving entertainment, dining, and nightlife district in one of America's most popular cities. This presents a rare chance to acquire a generational asset in a rapidly expanding trade area with strong leasing momentum and top-performing tenants. The property's unmatched walkability to surrounding hospitality venues adds to its overall desirability and investment potential.

Highlights

  • Generational opportunity in San Diego's core.
  • Exceptional walkability to nearby hotels and restaurants.
  • Rapidly growing trade area.
  • Immediate value-add potential with strong leasing activity.
  • High-performing tenant roster.

Property Details for 789 Harbor Dr

Property type
Retail properties, Restaurants
Square Feet
73,823 SF

Location Insight

City
San Diego
County
San Diego
State
California
Latitude
32.7107895
Longitude
-117.1706671
789 Harbor Dr, San Diego, California

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789 Harbor Dr
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