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Generational Trophy Retail Asset
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711 University Ave, San Diego, CA 92103

Absolute NNN lease property with annual increases and operating history.

Property Size28,000 SF
Price / SF$1,214
Days on Market151

Property Features for 711 University Ave

General Information

Standard status Active
Size 28,000 SF
Class A
Property subtype Retail
Zoning C
Occupancy 100%
Lease Type Absolute Net
Net Operating Income $1,176,989

Building Details

Year Built 1997
Tenancy Single
Listing Agency: Essential Capital Advisors
Listed By: Michael Cisternino · License #CA 01708023
Source: Crexi
Added: Mar 17 Changed: Aug 8 Last Checked: Aug 12 at 6:39AM

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 Essential Capital Advisors

Investment Insights

Based on property information with market context.

This retail property, with a size of 28000 square feet, is located at 711 University Ave, San Diego, CA 92103. It is recognized as a generational trophy asset featuring an absolute NNN lease and annual increases. The property has a 29-year operating history.

Key Highlights

  • Generational trophy asset
  • Absolute NNN lease
  • Annual increases

Property Analytics

Current Use

Whole Foods Market Grocery & Convenience Store Iya Oaxaca! Restaurant Volta Charging Station Electric Vehicle Charging Station 711 University Ave ... Parking Lot & Garage WFM Coffee & Juice ... Cafe & Coffee Shop

Suggested Use

Top Pick Building Supply Big Box & Wholesale Store Auto Parts Store HVAC Service Daycare Center Electrical Service

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

Location Intelligence

Trade Area within ½ mile

7,042
Businesses Nearby
334k
Monthly Visits Nearby

Foot Traffic Nearby

Groceries 33% Dining 33% Shops & Services 24% Apparel 3%
Whole Foods Market Groceries
64,059 visits/mo 0.1 miles
Ralphs Groceries
46,221 visits/mo 0.3 miles
Shell Shops & Services
13,326 visits/mo 0.3 miles
Better Buzz Coffee Roasters Dining
12,340 visits/mo 0.2 miles
Jack in the Box Dining
12,210 visits/mo 0.1 miles

Demographics for 92103, CA

33,311
Population
21,363
Households
1.6
Avg Household Size
42
Median Age
63%
College-Educated
97%
High-School Grad
3.7 sq mi
ZIP Area
9,003
Density / Sq Mi
$96,887
Median Household Income
$69,732
Median Earnings
$2,020
Median Rent
$986,800
Median Home Value

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
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Retail property - Absolute NNN lease property with annual increases and operating history.
Where is this retail property located?
The property is located at 711 University Ave San Diego, CA.
What is the asking price?
The asking price for this property is $34,000,000.
What are key features of this property?
This property features: Generational trophy asset; Absolute NNN lease; Annual increases
More about this property
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