Retail Building with On-Site
For Sale
$2,995,000
163137 Garnet Avenue, San Diego, CA 92109
CC-4-2 zoning permits mixed-use, high-intensity commercial activity in a three-unit retail configuration.
Property Size7,840 SF
Lot Size0.36 Acres
Price / SF$382.02
Days on Market10
Property Features for 163137 Garnet Avenue
General Information
Standard status
Active
Size
7,840 SF
Total Parking Spaces
17
Lot size
0.36 Acres
Property subtype
General Commercial
Zoning
CC-4-2
Site & Location
Highway Access
Yes
Road Access
Yes
Amenities
A/C - Other
3
On Site, Concrete Driveway.
125X125, 0
Strip Mall.
Building Details
Buildings
1
Stories
1
Tenancy
Multi
Listing Agency:
Tony Franco Realty, Inc.
(858) 717-1697
Listed By:
Tony Franco · License #01714957
Source:
Xome
Added: Jul 27
Changed: Aug 4
Last Checked: Aug 5 at 5:11AM
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 Tony Franco Realty, Inc.
Investment Insights
Based on property information with market context.
This retail property includes approximately 7,840 square feet of building area on a 15,625-square-foot parcel measuring 125 feet by 125 feet. The improvements are arranged as three individually metered units, with two tenants in place and a majority of the property expected to be vacant at closing. On-site parking includes 17 spaces, and the property has air-conditioning equipment.
Located on Garnet Avenue in Pacific Beach, the property sits along a commercial corridor connecting I-5 with the beach. The site is within walking distance of the beach, boardwalk, and Mission Bay. CC-4-2 zoning designates the property for mixed-use, high-intensity commercial use.
Located on Garnet Avenue in Pacific Beach, the property sits along a commercial corridor connecting I-5 with the beach. The site is within walking distance of the beach, boardwalk, and Mission Bay. CC-4-2 zoning designates the property for mixed-use, high-intensity commercial use.
Key Highlights
- Approximately 7,840 SF building on a 15,625 SF lot
- 125' x 125' parcel with 17 on‑site parking spaces
- Three individually metered units
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 | $282.2k | $36.00 |
| − Vacancy | −$11.9k | −$1.52 |
| EGI | $270.4k | $34.48 |
| − OpEx | −$81.1k | −$10.35 |
| NOI | $189.3k | $24.14 |
7,840 SF · lease $36.00/SF/yr · vacancy 4.21% · expense 30.00%
Alternative Uses
Best Use
Retail
$2.70M
$2.37M – $3.15M
NOI $189,250 @ 7.0% cap · market cap 6.32%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$3.10M
$2.71M – $3.61M
NOI $216,760 @ 7.0% cap · market cap 7.24%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
Multi-tenant
Tenancy
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
994
Businesses Nearby
159k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Dining 58%
Shops & Services 40%
Hotels & Casinos 1%
In-N-Out Burger
Dining
54,816 visits/mo
0.1 miles
LUV Car Wash
Shops & Services
29,721 visits/mo
0.1 miles
McDonald's
Dining
22,929 visits/mo
0.1 miles
7-Eleven
Shops & Services
9,552 visits/mo
0.3 miles
Starbucks
Dining
9,270 visits/mo
0.2 miles
Demographics for 92109, CA
44,671
Population
26,503
Households
1.7
Avg Household Size
35
Median Age
70%
College-Educated
97%
High-School Grad
7.6 sq mi
ZIP Area
5,878
Density / Sq Mi
$118,300
Median Household Income
$71,054
Median Earnings
$2,362
Median Rent
$1,136,000
Median Home Value
Market
Vacancy Rate% for Retail in San Diego, CA
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Retail space - CC-4-2 zoning permits mixed-use, high-intensity commercial activity in a three-unit retail configuration.
Where is this retail space located?
The property is located at 163137 Garnet Avenue San Diego, CA.
What is the asking price?
The asking price for this property is $2,995,000.
What are key features of this property?
This property features: Approximately 7,840 SF building on a 15,625 SF lot; 125' x 125' parcel with 17 on‑site parking spaces; Three individually metered units
