Strip Mall Retail
For Sale
$1,999,000
718 730 E 8th, National City, CA 91950
For sale retail strip mall at 718-730 E 8th in National City, CA.
Property Size6,218 SF
Days on Market397
Property Features for 718 730 E 8th
General Information
Standard status
Active
Size
6,218 SF
Zoning
mxc1
Building Details
Building Size
6,218 SF
Year Built
1900
Buildings
3
Stories
2
Listing Agency:
Venture Pacific Properties
(858) 699-6927
Listed By:
Jason Lipovsky · License #01349086
(858) 699-6927
Source:
Evrealestate
Added: Jul 29, 2025
Changed: Aug 25
Last Checked: Aug 29 at 7:30AM
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 Venture Pacific Properties
Investment Insights
Based on property information with market context.
This for-sale retail strip mall property includes multiple storefront spaces and falls under the category of retail properties and retail space. The offering is listed as a consolidated strip-mall configuration with addresses at 718-730 E 8th.
The property is located in National City, California, within San Diego County. The provided directions note GPS use, but no additional access, visibility, tenancy, or unit mix details were included in the information provided.
Prospective buyers and brokers can evaluate the site’s retail storefront configuration and consider it for retail-oriented occupancy or redevelopment based on the capabilities of the specific spaces included in the offering.
The property is located in National City, California, within San Diego County. The provided directions note GPS use, but no additional access, visibility, tenancy, or unit mix details were included in the information provided.
Prospective buyers and brokers can evaluate the site’s retail storefront configuration and consider it for retail-oriented occupancy or redevelopment based on the capabilities of the specific spaces included in the offering.
Key Highlights
- Retail strip mall for sale at 718‑730 E 8th in National City, CA
- Year built: 1900
- Interior heating: none listed
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
$97,672
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
4.89%
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%
$1,953,440
$2.0M
Cap Rate 7%
$1,395,314
$1.4M
Cap Rate 9%
$1,085,244
$1.1M
Market Conditions
NOI Build-Up for 6,218 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
$149.2K $24.00/SF
− Vacancy
−$9.7K −$1.56/SF
EGI
$139.5K $22.44/SF
− OpEx
−$41.9K −$6.73/SF
NOI
$97.7K $15.71/SF
Area
San Diego County, CA
Vacancy
6.50%
Lease Rate
$24.00 /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%
$1,953,440
Cap Rate 7%
$1,395,314
Cap Rate 9%
$1,085,244
Alternative Uses
Best Use
Retail
$1.40M
$1.22M – $1.63M
NOI $97,672 @ 7.0% cap · market cap 4.89%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.85M
$2.49M – $3.32M
NOI $199,422 @ 7.0% cap · market cap 9.98%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
1,905
Businesses Nearby
621k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 31%
Dining 30%
Superstores 27%
Groceries 9%
Walmart
Superstores
164,822 visits/mo
0.2 miles
Smart & Final
Groceries
32,608 visits/mo
0.3 miles
Jollibee
Dining
31,831 visits/mo
0.4 miles
Wells Fargo
Shops & Services
27,005 visits/mo
0.2 miles
Seafood City
Groceries
26,350 visits/mo
0.4 miles
Demographics for 91950, CA
57,849
Population
19,049
Households
3
Avg Household Size
36
Median Age
16%
College-Educated
76%
High-School Grad
7.3 sq mi
ZIP Area
7,925
Density / Sq Mi
$63,858
Median Household Income
$34,013
Median Earnings
$1,600
Median Rent
$580,700
Median Home Value
Market
Vacancy Rate% for Retail in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Strip mall - For sale retail strip mall at 718-730 E 8th in National City, CA.
Where is this strip mall located?
The property is located at 718 730 E 8th National City, CA.
What is the asking price?
The asking price for this property is $1,999,000.
What are key features of this property?
This property features: Retail strip mall for sale at 718‑730 E 8th in National City, CA; Year built: 1900; Interior heating: none listed
