500 4th Ave, San Diego, CA
11,000 SF nightclub with ABC License and office space.
- Added:
- Jan 28, 2025
- Days on Market:
- 503
- Last Refresh:
- May 19 at 10:25 pm
Property Features for 500 4th Ave
General Information
- Standard status
- Active
- Size
- 11,000 SF
- Lot size
- 0.24 Acres
- Property subtype
- RETAIL
Properties For Sale
at 500 4th Ave Contact usListing agent Nate Benedetto License #01436440
Listing office Next Wave Commercial (619) 326-4400
Listing date Jan 28, 2025
Source Moodyscre
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 Next Wave Commercial
HighLights
- Seller financing available
- 11,000 SF nightclub, a great opportunity
- ABC license included
- Long history of entertainment permits
- 2,000 SF 2nd floor office
- Established nightclub
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 | $422.4k | $38.40 |
| − Vacancy | −$16.9k | −$1.54 |
| EGI | $405.5k | $36.86 |
| − OpEx | −$101.4k | −$9.22 |
| NOI | $304.1k | $27.65 |
Alternative Uses
Current Use by Public Records
Similar Places Nearby
- Distinction Gallery — 317 E Grand Ave suite A, Escondido, CA 92025
- Starbucks — 1509 E Valley Pkwy, Escondido, CA 92027
- Last Spot Bar by Hidden Hive — 317 E Grand Ave Suite C, Escondido, CA 92025
Location Insight
- Map
- Local Demand
- City
- San Diego
- County
- San Diego
- State
- California
- Longitude
- -117.161
- Latitude
- 32.7109