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    3403 E Plaza Blvd National City, CA

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    For Lease
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    Retail spaces available on a busy thoroughfare with ample parking.

    Type:RETAIL
    Property size:
    996 SF
    Lot size:
    0.80 Acres
    Added:
    Apr 10, 2024
    Days on Market:
    749
    Last Refresh:
    Apr 5 at 10:09 pm

    Property Features for 3403 E Plaza Blvd

    General Information

    Standard status
    Active
    Size
    996 SF
    Lot size
    0.80 Acres
    Property subtype
    RETAIL

    Spaces For Lease

    at 3403 E Plaza Blvd Contact us

    We can help!

    Listing Contact
    Anthony Acosta
    Anthony Acosta

    Listing agent Anthony Acosta

    Listing office Duhs Commercial

    Listing date Apr 10, 2024

    Source Moodyscre

    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 Duhs Commercial

    Overview

    Retail Space on E Plaza

    Retail spaces are available at this location on E Plaza Blvd in National City. Suite K offers 1,360 square feet, and Suite J-1 provides 996 square feet. An end cap space is potentially available. The property benefits from high exposure with 350 feet of frontage on E Plaza Blvd, a busy thoroughfare with traffic counts exceeding 17,500 vehicles per day. Ample customer parking is provided with 60 spaces. The location is approximately 5 miles east of Interstate 805, situated in a strong infill location with 238,276 residents within a 3-mile radius.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    ATM Atm Right Hand Mobile ... Barber Shop Freddie's Hair Salon Hair Salon Plaza East Shopping ... Shopping Center & Mall Personnel Services, Inc. Employment Agency

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Daycare Center

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

    Location Insight

    • Map
    • Local Demand
    City
    National City
    County
    San Diego
    State
    California
    Longitude
    -117.071
    Latitude
    32.6846

    Nearby Similar for Lease

    • Contact for pricing

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      National City Warehouse Space Available

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      Grocery Anchored Retail Space

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      Office/R&D Building Near Interstate 5

      190,000 SF office/R&D building near Interstate 5.
      401 Mile of Cars Way, NATIONAL CITY, CA
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      National City Warehouse Space

      3,593 SF warehouse space available for lease in National City.
      2520 Hoover Ave, National City, CA
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      National City Office Space Available

      Office space available for rent in National City, CA.
      148 E 30th St, National City, CA
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      Retail Space in National City

      Retail space available in a shopping center with strong tenants.
      3506-3596 National Ave | National City, CA 92113, CA 92113
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    • $1.70 SF/Yr

      National City Warehouse Space Available

      12,200 SF warehouse space for lease in National City.
      300 W 28th St, National City, CA
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    • Contact for pricing

      Retail Space Anchored by Supermarket

      Retail space for lease in grocery-anchored shopping center.
      1410-1420 E Plaza Blvd, National City, CA
      View Details
    • $1.85 SF/Yr

      Industrial Space in National City

      6,480 SF industrial property available for lease.
      2602 Hoover Ave, National City, CA
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      National City Warehouse Space

      6,050 SF warehouse space available for lease.
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    • $1.85 SF/Yr

      National City Warehouse Space Available

      Industrial warehouse space available for lease in National City.
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      View Details

    FAQs

    What type of property is this?
    Retail space - Retail spaces available on a busy thoroughfare with ample parking.
    Where is this retail space located?
    The property is located at 3403 E Plaza Blvd National City, CA.
    What are key features of this property?
    This property features: High Exposure: 350' frontage on E Plaza Blvd with high traffic counts (17,500+ vehicles per day).; Excellent Retail Opportunity: Located on E Plaza Blvd, a busy thoroughfare in National City.; Strong Infill Location: High population density with 238,276 residents within a 3‑mile radius.
    (619) 321-9656 Call to check price and availability
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing Anthony Acosta
    Anthony Acosta
    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.

    More about this property
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