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Mixed-Use Property with Hotel Suites
New
For Lease
$4,495,000

2611 Adams Avenue, San Diego, CA 92116

Furnished lodging suites operate alongside a separately leased restaurant component.

Space SizeContact for details
Days on Market3

Property Features for 2611 Adams Avenue

General Information

Standard status Active
Property subtype Commercial

Building Details

Year Built 2025
Year Renovated 2025
Listing Agency: Lee & Associates
Listed By: Eric von Bluecher (evb@lee-associates.com)
Source: Mrmurrieta
Added: Oct 4 Last Checked: Oct 5 at 6:17PM

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 Lee & Associates

Investment Insights

Based on property information with market context.

At 2611 Adams Avenue, this mixed-use property combines 10 furnished hotel suites with a distinct restaurant and hospitality component. The building underwent a full interior renovation in 2025, including work down to the studs. Suite operations are currently managed by ownership, while the restaurant is separately leased.

The restaurant lease is structured as NN and runs through August 2035, with 3% annual increases and potential percentage rent. The property is on Adams Avenue in San Diego.

Key Highlights

  • 10 furnished hotel suites with ownership‑operated suite operations
  • Restaurant component is separately leased under an NN lease through August 2035
  • Restaurant lease includes 3% annual increases and potential percentage rent

Property Analytics

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Current Use

Craig & Associates Inc Land Surveyor

Suggested Use

Top Pick Parking Lot & Garage (Bike/Boat/Book/etc) Store Electrical Service Food Market Grocery & Convenience Store Storage Facility

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

3,560
Businesses Nearby
181k
Monthly Visits Nearby

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

Demographics for 92116, CA

31,523
Population
17,827
Households
1.8
Avg Household Size
37
Median Age
58%
College-Educated
96%
High-School Grad
3.4 sq mi
ZIP Area
9,271
Density / Sq Mi
$95,775
Median Household Income
$63,420
Median Earnings
$1,903
Median Rent
$898,500
Median Home Value
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

4.9% 2019
6% 2020
5.8% 2021
4.5% 2022
4.4% 2023
4.4% 2024
4.8% 2025
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Furnished lodging suites operate alongside a separately leased restaurant component.
Where is this mixed-use property located?
The property is located at 2611 Adams Avenue San Diego, CA.
What is the lease rate?
The lease rate is $4,495,000.
What are key features of this property?
This property features: 10 furnished hotel suites with ownership‑operated suite operations; Restaurant component is separately leased under an NN lease through August 2035; Restaurant lease includes 3% annual increases and potential percentage rent
More about this property
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