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    Storefront Retail Lease Space Title is generated by Realmo AI

    3220 Adams Ave, San Diego, CA 92116

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    New
    For Lease
    $9,500/Mo $25 SF/Yr (calc)

    Retail storefront with fenced parking and brand-new interior finishes, offered on a gross basis starting June 2026.

    Type:Commercial
    Property size:
    4,400 SF
    Added:
    Jun 4, 2026
    Days on Market:
    3
    Last Refresh:
    Jun 6 at 4:25 am

    Property Features for 3220 Adams Ave

    General Information

    Standard status
    Active
    Size
    4,400 SF
    Property subtype
    Commercial

    We can help!

    Listing Contact
    John Zavieh

    Listing agent John Zavieh

    Listing office

    Listing date Jun 4, 2026

    Source Elliman

    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 John Zavieh

    HighLights

    • $9,500/month gross rent with no extra NNN charges (lease start June 2026)
    • 3‑year lease term with an option for 2 additional years
    • Approximately 4,400 sq ft retail building plus around 1,800 sq ft fenced parking lot
    • 200‑amp electrical service
    • Brand‑new flooring and tile

    Overview

    This retail storefront lease includes a 4,400-square-foot building with brand-new flooring and tile. The property also features an approximately 1,800-square-foot fenced parking lot, providing a defined area for customer or tenant parking. Utility service is supported by a 200-amp electrical service.

    The space is available now with a lease start date of June 2026. Rent is quoted on a gross basis with no additional NNN charges indicated in the offering. The lease term is three years, with an option for two additional years.

    For tenants seeking a direct, storefront-style retail setup with on-site, fenced parking, this configuration can simplify everyday operations and customer access. The gross rent structure may also help streamline budgeting by keeping NNN charges out of the monthly rent calculation as presented. Brand-new finishes support a faster start for users looking to open or refresh their retail presence.
    Location Intelligence

    Current Use by Public Records

    Foley OB & Aesthetics Medical Clinic

    Suggested Use

    Restaurant Law Firm Real Estate Agency Dental Office Spa & Massage Center Hair Salon Nail Salon Food Market Grocery & Convenience Store Daycare Center

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

    Similar Places Nearby

    • lotus boutique — 4352 Arizona St apt 1, San Diego, CA 92104
    • Fuji's Aladdin Flowers — 3081 El Cajon Blvd, San Diego, CA 92104
    • Margarette's Flowers — 3027 Meade Ave, San Diego, CA 92116
    • San Diego Florist Supplies Inc — 2550 El Cajon Blvd, San Diego, CA 92104
    • La Maestra Blossoms — 3912 El Cajon Blvd, San Diego, CA 92105

    Location Insight

    • Map
    • Local Demand
    City
    San Diego
    County
    San Diego
    State
    California
    Longitude
    -117.1244562
    Latitude
    32.763668

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    FAQs

    What type of property is this?
    Storefront property - Retail storefront with fenced parking and brand-new interior finishes, offered on a gross basis starting June 2026.
    Where is this storefront property located?
    The property is located at 3220 Adams Ave San Diego, CA.
    What is the lease rate?
    The lease rate is $9,500 /Mo.
    What are key features of this property?
    This property features: $9,500/month gross rent with no extra NNN charges (lease start June 2026); 3‑year lease term with an option for 2 additional years; Approximately 4,400 sq ft retail building plus around 1,800 sq ft fenced parking lot
    (619) 208-6503
    We can help!
    Listing Contact
    John Zavieh
    Learn More
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

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