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Downtown Retail Investment Opportunity
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748 6th Ave, San Diego, CA

Leased retail property in a busy downtown San Diego corridor.

Property Size6,624 SF
Lot Size0.12 Acres
Price / SF$662.74
Days on Market445

Property Features for 748 6th Ave

General Information

Standard status Active
Size 6,624 SF
Lot size 0.12 Acres
Property subtype RETAIL
Listing Agency: Duhs Commercial
Listed By: Rob Bloom · License #01302163
Source: Moodyscre
Added: Jul 18, 2025 Changed: Oct 4 Last Checked: Oct 4 at 9:01AM

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

Investment Insights

Based on property information with market context.

This 6,624 square foot retail property is located in downtown San Diego. The property is a leased investment with annual rent increases. It is situated in a busy and thriving downtown corridor, presenting a long-term passive investment opportunity.

Key Highlights

  • Stable, Leased Investment
  • Annual Rent Bumps
  • Excellent Downtown Location

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$159,897
Cap Rate
3.64%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,197,940 $3.2M
Cap Rate 7%
$2,284,243 $2.3M
Cap Rate 9%
$1,776,633 $1.8M
Market Conditions
NOI Build-Up for 6,624 SF
Gross rent
$238.5K $36.00/SF
− Vacancy
−$10.0K −$1.52/SF
EGI
$228.4K $34.48/SF
− OpEx
−$68.5K −$10.35/SF
NOI
$159.9K $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 Rate 5%
$3,197,940
Cap Rate 7%
$2,284,243
Cap Rate 9%
$1,776,633

Alternative Uses

Best Use
Retail
$2.28M
$2.00M – $2.66M (±1% cap)
NOI $159,897 @ 7.0% cap · market cap 3.64%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$2.62M
$2.29M – $3.05M (±1% cap)
NOI $183,140 @ 7.0% cap · market cap 4.17%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Current Use

Cardtronics ATM Atm Hub Market Deli ... (Bike/Boat/Book/etc) Store Same Day Printing ... (Bike/Boat/Book/etc) Store Bounce Luggage Storage ... Storage Facility

Suggested Use

Top Pick Daycare Center (Bike/Boat/Book/etc) Store Veterinary Clinic Butcher Adult Day Care Pet Grooming 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

12,817
Businesses Nearby
312k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 35% Groceries 29% Hotels & Casinos 27% Shops & Services 8%
McDonald's Dining
47,938 visits/mo 0.5 miles
Ralphs Groceries
42,007 visits/mo 0.2 miles
Smart & Final Groceries
18,290 visits/mo 0.5 miles
Shell Shops & Services
18,276 visits/mo 0.4 miles
Fogo de Chao Dining
18,216 visits/mo 0.1 miles
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
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Retail space - Leased retail property in a busy downtown San Diego corridor.
Where is this retail space located?
The property is located at 748 6th Ave San Diego, CA.
What is the asking price?
The asking price for this property is $4,390,000.
What are key features of this property?
This property features: Stable, Leased Investment; Annual Rent Bumps; Excellent Downtown Location
(858) 405-5342 Call to check price and availability
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