5373 Mission Center RdSan Diego, CA 92108

Property Details for 5373 Mission Center Rd

Lot size

1.15 AC

Property size (Sq ft)

11,821 SF

Zone code

COMMERCIAL

Property type

Retail properties

Property subtype

Turn key restaurants

APN

438-170-28-00

APU

4381702800

Description

This exceptional 11,821-square-foot single-tenant retail space, ideally suited for a restaurant, is located at 5373 Mission Center Road in San Diego, California, zip code 92108. The property benefits from a highly desirable location directly across from Westfield Mission Valley mall, a major regional shopping destination. This strategic position places the property within a thriving commercial corridor experiencing significant growth and redevelopment. The surrounding area is undergoing transformation into a walkable, transit-oriented mixed-use village, enhancing accessibility and attracting a diverse customer base. The property enjoys close proximity to other key attractions including the Riverwalk development, Fashion Valley mall, and San Diego State University's Mission Valley campus. This translates to a large and readily accessible pool of potential customers, encompassing both residents and tourists. The property's central location offers convenient freeway access and proximity to public transportation options, further enhancing its appeal. Furthermore, the ongoing Complete Communities upzoning initiative and the property's location within central San Diego County contribute to a positive outlook for future development and increased property value. This presents a unique opportunity to establish a successful business in a dynamic and rapidly evolving area. The property's size and location make it an ideal investment for a discerning restaurant operator seeking a high-visibility location in a vibrant and growing market.

• CAP approach

  CAP return

  Valuation

  6%

  $3,642,472

  6.5%

  $3,362,282

  7%

  $3,122,119

• Comparable approach

  Method

  Valuation

  Relative Method

  $4,821,151

  Geo Method

  $10,484,806

• Alternative Use

  Use

  Valuation

  Residential

  $2,836,210

  Hospitality

  $2,597,954

  Educational

  $2,161,467

  Medical

  $2,235,803

  Retail

  $3,362,282

Location Insight

City

San Diego

County

San Diego

State

California

Latitude

32.7725

Longitude

-117.154

CBSA code

41740

CBSA name

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

Property Tax & Assessments

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