6348 College Grove WaySan Diego, CA 92115

Property Details for 6348 College Grove Way

Year built

1989

Lot size

3.56 AC

Property size (Sq ft)

51,826 SF

Zone code

COMMERCIAL

Property type

Retail properties

Property subtype

Retail space

APN

478-111-01-00

APU

4781110100

Description

This exceptional retail shopping center, located at 6348 College Grove Way in San Diego, CA 92115, offers a unique investment opportunity. The property boasts a total of 629,000 square feet of retail space, situated in the thriving San Diego County market. Currently, there are multiple spaces available, with a minimum divisible space of 6,056 square feet and a maximum contiguous space of 24,000 square feet. A significant 30,056 square feet of space is currently vacant, presenting a substantial opportunity for expansion or new tenancy. The property's strategic location at the intersection of College Avenue and Highway 94 ensures high visibility and accessibility, attracting a large volume of foot and vehicle traffic. This makes it an ideal location for a variety of retail businesses seeking to establish a strong presence in a densely populated area. The property is classified as a shopping center with multiple tenancies, offering flexibility for various business models. This is a rare opportunity to acquire a substantial retail space in a prime San Diego location. Serious inquiries are encouraged to explore the potential of this exceptional property.

• CAP approach

  CAP return

  Valuation

  6%

  $15,969,441

  6.5%

  $14,741,022

  7%

  $13,688,092

• Comparable approach

  Method

  Valuation

  Relative Method

  $21,137,042

  Geo Method

  $45,967,816

• Alternative Use

  Use

  Valuation

  Residential

  $12,434,604

  Hospitality

  $11,390,030

  Educational

  $9,476,371

  Medical

  $9,802,278

  Retail

  $14,741,022

Location Insight

City

San Diego

County

San Diego

State

California

Latitude

32.738

Longitude

-117.056

CBSA code

41740

CBSA name

SAN DIEGO-CARLSBAD-SAN MARCOS, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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