1600 Pacific HwySan Diego, CA 92101

Property Details for 1600 Pacific Hwy

Lot size

16.60 AC

Zone code

COMMERCIAL

Property type

Retail properties

Property subtype

Turn key restaurants

APN

760-249-08-00

APU

7602490800

Description

Exceptional investment opportunity: a 35,000-square-foot industrial property in San Diego, CA, encompassing distribution, flex, and warehouse space. This single-tenant, gross lease property sits on a 1.25-acre lot at 1600 Pacific Hwy, 92101. The asking price is $3,990,000, representing a price per square foot of $114 and a 7.60% cap rate. The facility boasts advanced technologies, including state-of-the-art lighting, premium water purification, and oxygenation systems, designed for high-efficiency production. Its strategic San Diego location offers optimal growing conditions and a central distribution hub for Southern California and beyond. Previously used for cannabis cultivation and distribution, this adaptable space presents significant potential for various industrial uses. The property's high-capacity design and efficient layout make it an attractive investment for discerning buyers seeking a strong return. Annual production previously exceeded 6,000 pounds of high-quality cannabis. This property is ready for immediate occupancy.

• CAP approach

  CAP return

  Valuation

  6%

  $222,758,992

  6.5%

  $205,623,696

  7%

  $190,936,288

• Comparable approach

  Method

  Valuation

  Relative Method

  $294,842,304

  Geo Method

  $641,208,768

• Alternative Use

  Use

  Valuation

  Residential

  $173,451,280

  Hospitality

  $158,880,432

  Educational

  $132,186,656

  Medical

  $136,732,768

  Retail

  $205,623,696

Location Insight

City

San Diego

County

San Diego

State

California

Latitude

32.722

Longitude

-117.172

CBSA code

41740

CBSA name

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

Property Tax & Assessments

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?

Please email our support team at [email protected] and they will add the team member.

How do I access a private listing?

Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.

How can I contact the broker?

We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.

How do I unsubscribe from emails?

At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].