For Sale
  • For Sale
  • For Lease
  • Recently Sold
  • Property Lookup
  • Brokers
Back to Search

110 W Ash St San Diego, CA 92101

Loading data...
Loading data...
Loading data...
For Sale
Contact for pricing

NNN leased parking lot with CPI increases.

Lot size:
0.57 Acres

Property Features for 110 W Ash St

General Information

Lot size
0.57 Acres

Source: Cushman & Wakefield | San Diego Agent Tim Winslow

Displayed information is deemed reliable but is not guaranteed and should be independently verified.


Overview

Prime San Diego Investment Opportunity

This property at 110 West Ash Street in San Diego presents a real estate investment opportunity. The tenant is Essex Portfolio, L.P., a California limited partnership with Essex Property Trust, Inc., a Maryland corporation, as its general partner. Essex Property Trust, Inc. had a market capitalization of $31.1 billion as of December 31, 2021. The NNN lease has a term of 99 years, with 51 years remaining, and includes unlimited CPI increases every five years. The current rent is $478,874 per year, with the next increase scheduled for September 1, 2023. The property benefits from a main and main location, bounded by Front Street (inbound traffic off I-5 into downtown San Diego), First Street (outbound traffic from Downtown San Diego to I-5), and Ash Street (inbound traffic off State Route 163 into downtown San Diego).
Location Intelligence

Current Use by Public Records

Social number Government Office State Building Parking Parking Lot

Suggested Use

Restaurant Realty agency Dental Office Spa & Massage Hair Salon Nail Salon Clothing Store Food Market Grocery Store Daycare Center

Zoning and permitted uses should be independently verified with local authorities.

Similar Places Nearby

Miles Car Rental San Diego, Hertz Car Rental - Manchester Grand Hyatt HLE, Luxury Car Rental San Diego | ClavisCar, Rent a Car San Diego California | ClavisCar, enteprise

Location Insight

  • Map
  • Local Demand
City
San Diego
County
San Diego
State
California
Longitude
-117.1645305
Latitude
32.7201508

FAQs

What type of property is this?
Parking lot & garage - NNN leased parking lot with CPI increases.
Where is this parking lot & garage located?
The property is located at 110 W Ash St San Diego, CA.
What are key features of this property?
This property features: - NNN lease with 51 years remaining and unlimited CPI increase every five years, providing a hedge against inflation.; - Credit tenant: Essex Portfolio, L.P., backed by Essex Property Trust, Inc. with a substantial market capitalization.; - **Prime 'Main and Main' location with high traffic flow** from major inbound and outbound routes (I-5 and State Route 163).
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message