1041-1047 University Ave, San Diego, CA 92103
Two-story retail building in vibrant Hillcrest neighborhood.
- Added:
- Feb 11, 2026
- Days on Market:
- 135
- Last Refresh:
- Mar 17 at 1:15 pm
Property Features for 1041-1047 University Ave
General Information
- Standard status
- Active
- Size
- 8,100 SF
- Property subtype
- Retail
Building Details
- Year Built
- 1910
Listing office CBRE - San Diego (858) 546-4604
Listing date Feb 11, 2026
Source Crexi
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
All listing content including descriptions, pricing, images are the copyrighted material of CBRE - San Diego
HighLights
- Prime Hillcrest location with high foot traffic and exceptional visibility.
- Restaurant‑ready space with existing hood system.
- Desirable and spacious outdoor patio for al fresco dining.
- Owner‑user opportunity with favorable SBA financing (10% down).
- Located in a vibrant and densely populated urban neighborhood.
- Two‑story retail building.
Overview
Local Financial Insights For Specialty Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $311.0k | $38.40 |
| − Vacancy | −$12.4k | −$1.54 |
| EGI | $298.6k | $36.86 |
| − OpEx | −$74.6k | −$9.22 |
| NOI | $223.9k | $27.65 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- San Diego
- County
- San Diego
- State
- California
- Longitude
- -117.1542313
- Latitude
- 32.7481156
