Retail Property in San
For Sale
Contact for pricing
2611 Adams Ave, San Diego, CA
Retail property available for sale in San Diego, California.
Property Size5,830 SF
Lot Size0.16 Acres
Price / SF$720.41
Days on Market682
Property Features for 2611 Adams Ave
General Information
Standard status
Active
Size
5,830 SF
Lot size
0.16 Acres
Property subtype
RETAIL
Listing Agency:
Marcus & Millichap
(310) 909-5500
Listed By:
Austin Hoffman
(858) 373-3122
Source:
Moodyscre
Added: Dec 3, 2024
Changed: Aug 8
Last Checked: Sep 26 at 4:32AM
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 Marcus & Millichap
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This retail property, located at 2611 Adams Ave in San Diego, California, offers 5,830 square feet of space. The property is suitable for retail and other retail purposes.
Key Highlights
- Retail property
- Available for sale
- Located in San Diego, California
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$140,731
Cap Rate
3.35%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,814,620
$2.8M
Cap Rate 7%
$2,010,443
$2.0M
Cap Rate 9%
$1,563,678
$1.6M
Market Conditions
NOI Build-Up for 5,830 SF
Gross rent
$209.9K $36.00/SF
− Vacancy
−$8.8K −$1.52/SF
EGI
$201.0K $34.48/SF
− OpEx
−$60.3K −$10.35/SF
NOI
$140.7K $24.14/SF
Area
San Diego, CA
Vacancy
4.21%
Lease Rate
$36.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,814,620
Cap Rate 7%
$2,010,443
Cap Rate 9%
$1,563,678
Alternative Uses
Best Use
Retail
$2.01M
$1.76M – $2.35M
NOI $140,731 @ 7.0% cap · market cap 3.35%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$2.30M
$2.01M – $2.69M
NOI $161,188 @ 7.0% cap · market cap 3.84%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
3,560
Businesses Nearby
181k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Dining 79%
Shops & Services 21%
McDonald's
Dining
36,834 visits/mo
0.5 miles
Starbucks
Dining
25,720 visits/mo
0.4 miles
Taco Bell
Dining
18,973 visits/mo
0.4 miles
Wendy's
Dining
18,933 visits/mo
0.5 miles
Denny's
Dining
16,346 visits/mo
0.5 miles
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in San Diego, CA
Frequently Asked Questions
What type of property is this?
Retail property - Retail property available for sale in San Diego, California.
Where is this retail property located?
The property is located at 2611 Adams Ave San Diego, CA.
What is the asking price?
The asking price for this property is $4,200,000.
What are key features of this property?
This property features: Retail property; Available for sale; Located in San Diego, California
