Mazda Dealership Service
For Sale
Contact for pricing
6999 Clairemont Mesa Boulevard, San Diego, CA 92111
For-sale Mazda dealership service center on Clairemont Mesa Boulevard, offered with a full marketing package online.
Property Size28,444 SF
Price / SF$764.66
Days on Market95
Property Features for 6999 Clairemont Mesa Boulevard
General Information
Standard status
Active
Size
28,444 SF
Class
A
Property subtype
Retail
Lease Type
NNN
Net Operating Income
$1,155,000
Building Details
Year Built
2024
Units
1
Tenancy
Single
Listing Agency:
Marcus & Millichap - San Diego
Listed By:
Alvin Mansour · License #TX 0606255
(858) 373-3184
Source:
Crexi
Added: Jun 3
Changed: Aug 22
Last Checked: Sep 2 at 3:37AM
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 Marcus & Millichap - San Diego
Investment Insights
Based on property information with market context.
This offering presents a Mazda dealership service center built for automotive operations, along with associated dealership retail/showroom-type space. The property is positioned as a purpose-fit facility within the automotive property category, supported by the complete marketing materials available through the property website.
The property is located at 6999 Clairemont Mesa Boulevard in San Diego, California. For full details on the building and any improvements, the seller directs prospective buyers to the property website to download the complete marketing package.
Prospective buyers, operators, and automotive-related tenants looking for a dealership-oriented asset should review the full marketing package to confirm the service center’s configuration and any included components beyond the high-level description provided here. As presented, this is a for-sale automotive-focused property intended to support dealership service and related showroom/retail functions under a Mazda brand relationship. Buyers should use the available materials to evaluate condition, suitability, and next steps for their specific operating model.
The property is located at 6999 Clairemont Mesa Boulevard in San Diego, California. For full details on the building and any improvements, the seller directs prospective buyers to the property website to download the complete marketing package.
Prospective buyers, operators, and automotive-related tenants looking for a dealership-oriented asset should review the full marketing package to confirm the service center’s configuration and any included components beyond the high-level description provided here. As presented, this is a for-sale automotive-focused property intended to support dealership service and related showroom/retail functions under a Mazda brand relationship. Buyers should use the available materials to evaluate condition, suitability, and next steps for their specific operating model.
Key Highlights
- Mazda dealership service center for sale on Clairemont Mesa Boulevard
- Year built: 2024
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$686,612
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
3.16%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$13,732,240
$13.7M
Cap Rate 7%
$9,808,743
$9.8M
Cap Rate 9%
$7,629,022
$7.6M
Market Conditions
NOI Build-Up for 28,444 SF
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.
Gross rent
$1.02M $36.00/SF
− Vacancy
−$43.1K −$1.52/SF
EGI
$980.9K $34.48/SF
− OpEx
−$294.3K −$10.35/SF
NOI
$686.6K $24.14/SF
Area
San Diego, CA
Vacancy
4.21%
Lease Rate
$36.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$13,732,240
Cap Rate 7%
$9,808,743
Cap Rate 9%
$7,629,022
Alternative Uses
Best Use
Retail
$9.81M
$8.58M – $11.44M
NOI $686,612 @ 7.0% cap · market cap 3.16%
Second Best
Industrial
$4.81M
$4.20M – $5.61M
NOI $336,389 @ 7.0% cap · market cap 1.55%
Theoretical Best
Specialty Retail
$11.23M
$9.83M – $13.11M
NOI $786,420 @ 7.0% cap · market cap 3.62%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
2,082
Businesses Nearby
379k
Monthly Visits Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Superstores 42%
Groceries 29%
Dining 22%
Shops & Services 4%
Walmart
Superstores
158,898 visits/mo
0.1 miles
99 Ranch Market
Groceries
60,581 visits/mo
0.4 miles
Food 4 Less
Groceries
48,311 visits/mo
0.2 miles
McDonald's
Dining
24,536 visits/mo
0.1 miles
Arby's
Dining
16,799 visits/mo
0.2 miles
Demographics for 92111, CA
46,686
Population
17,624
Households
2.6
Avg Household Size
37
Median Age
43%
College-Educated
88%
High-School Grad
8.5 sq mi
ZIP Area
5,492
Density / Sq Mi
$95,081
Median Household Income
$43,215
Median Earnings
$2,049
Median Rent
$754,300
Median Home Value
Market
Vacancy Rate% for Retail in San Diego, CA
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Auto shop - For-sale Mazda dealership service center on Clairemont Mesa Boulevard, offered with a full marketing package online.
Where is this auto shop located?
The property is located at 6999 Clairemont Mesa Boulevard San Diego, CA.
What is the asking price?
The asking price for this property is $21,750,000.
What are key features of this property?
This property features: Mazda dealership service center for sale on Clairemont Mesa Boulevard; Year built: 2024
