San Diego Retail Auto
4491 Park Blvd San Diego, CA 92116
4491 Park Blvd, San Diego, CA, 92116
$2,500,000
For Sale
$2,500,000
Retail auto repair facility with long-term tenant until 2030.
Property Size3,396 SF
Lot Size0.17 Acres
Price / SF$736.16
Days on Market91
Property Features for 4491 Park Blvd
General Information
- Standard status
- Active
- Size
- 3,396 SF
- Lot size
- 0.17 Acres
- Property subtype
- Commercial
Listing agency
Coldwell Banker Commercial Real Estate Solutions
(760) 684-8000
Listed by
Steven Thompson · License #01963261
Source
Elliman
Added: Apr 24 Updated: Jul 10 at 1:20PM Checked: Jul 22 at 11:45AM
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 Coldwell Banker Commercial Real Estate Solutions
Investment Insights
Based on property information with market context.
Located on Park Blvd. in San Diego, this retail auto repair facility encompasses approximately 3,396 square feet and is situated on a lot of approximately 0.17 acres. The property has housed a tenant operating since 2005, with a lease secured until June 30, 2030. The lease includes annual rent increases. Environmental inspections were conducted in 2002 and cleared all investigations. The location on Park Blvd. is a high-traffic area. The property is very bikeable with a bike score of 75, very walkable with a walk score of 88, and has good transit with a transit score of 50.
Key Highlights
- Long‑term tenant in place since 2005 with lease secured through June 30, 2030, providing a stable income stream.
- Located on high‑traffic Park Blvd. in San Diego, offering excellent visibility and accessibility.
- Annual rent increases built into the lease, ensuring steady income growth.
Local Financial Insights For 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 | $122.3k | $36.00 |
| − Vacancy | −$5.1k | −$1.52 |
| EGI | $117.1k | $34.48 |
| − OpEx | −$35.1k | −$10.35 |
| NOI | $82.0k | $24.14 |
3,396 SF · lease $36.00/SF/yr · vacancy 4.21% · expense 30.00%
Alternative Uses
Best Use
Retail
$1.17M
$1.02M – $1.37M
NOI $81,976 @ 7.0% cap · market cap 3.28%
Second Best
Industrial
$573.7K
$502.0K – $669.4K
NOI $40,162 @ 7.0% cap · market cap 1.61%
Theoretical Best
Specialty Retail
$1.34M
$1.17M – $1.56M
NOI $93,893 @ 7.0% cap · market cap 3.76%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Cliff Brown Automotive
Auto Repair Shop
Similar For Sale Nearby
Similar Off Market Nearby
- Hartsfield — 4009 Park Blvd #34, San Diego, CA 92103
- AHQ Towing — 3932 9th ave, san diego, ca 92103
- Red Towing's — 1288 cleveland ave, san diego, ca 92103
- Eli Vigderson European Car Repair — 820 University Ave, San Diego, CA 92103
- S.D Towing — 1810 University Ave, San Diego, CA 92103
FAQs
What type of property is this?
Auto shop - Retail auto repair facility with long-term tenant until 2030.
Where is this auto shop located?
The property is located at 4491 Park Blvd San Diego, CA.
What is the asking price?
The asking price for this property is $2,500,000.
What are key features of this property?
This property features: Long‑term tenant in place since 2005 with lease secured through June 30, 2030, providing a stable income stream.; Located on high‑traffic Park Blvd. in San Diego, offering excellent visibility and accessibility.; Annual rent increases built into the lease, ensuring steady income growth.
