9187 Clairemont Mesa BlvdSan Diego, CA 92123
- Retail properties
- 13,240 SF
Property Details for 9187 Clairemont Mesa Blvd
- Year built
- 2006
- Lot size
- 1.20 AC
- Property size (Sq ft)
- 13,240 SF
- Zone code
- COMMERCIAL
- Property type
- Retail properties
- Property subtype
- Retail space
- APN
- 369-121-06-00
- APU
- 3691210600
Description
The Shops at Spectrum offers 14,000 square feet of prime retail space in a vibrant San Diego location. Currently fully vacant, this multi-tenant property presents a unique investment opportunity. Two spaces are available, ranging in size from 1 to 2,500 square feet, offering flexibility for various retail concepts. The property enjoys a highly visible corner location, serving as a key access point to the mixed-use San Diego Spectrum development. This strategic position ensures high visibility and foot traffic, benefiting from a substantial daytime population drawn to the area's established businesses and residential community. Strong existing tenants in the immediate vicinity include 7-Eleven, Rubio's Coastal Grill, and Firehouse Subs, creating a synergistic and attractive retail environment. The location is further enhanced by the proximity of 600 existing residential units, with an additional 1,000 units planned for development within three blocks, promising significant future growth and increased customer base. This presents a compelling opportunity for investors seeking a high-traffic retail space in a rapidly expanding area of San Diego. The entire 14,000 square feet is available for lease or purchase, allowing for customization and development to suit a variety of retail needs.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $4,079,716
- 6.5%
- $3,765,892
- 7%
- $3,496,900
-
Comparable approach
- Method
- Valuation
- Relative Method
- $5,399,885
- Geo Method
- $11,743,409
-
Alternative Use
- Use
- Valuation
- Residential
- $3,176,671
- Hospitality
- $2,909,814
- Educational
- $2,420,931
- Medical
- $2,504,190
- Retail
- $3,765,892
Location Insight
- City
- San Diego
- County
- San Diego
- State
- California
- Latitude
- 32.8309
- Longitude
- -117.132
- CBSA code
- 41740
- CBSA name
- SAN DIEGO-CARLSBAD-SAN MARCOS, CA METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
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