Retail
For Sale
Contact for pricing
8130 Parkway Drive, La Mesa, CA 91942
Building dates to 1972 and is located in La Mesa, California.
Property Size8,000 SF
Price / SF$475
Days on Market177
Property Features for 8130 Parkway Drive
General Information
Standard status
Active
Size
8,000 SF
Total Parking Spaces
41
Property subtype
Retail
Lease Type
NNN
Investment Type
Net Lease
Net Operating Income
$196,628
Building Details
Year Built
1972
Tenancy
Single
Listing Agency:
Voit Real Estate Services San Diego
Listed By:
Spencer Kerrigan · License #CA 01921490
(858) 453-0505
Source:
Crexi
Added: Apr 24
Changed: Oct 6
Last Checked: Oct 16 at 9:17AM
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 Voit Real Estate Services San Diego
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Investment Insights
Based on property information with market context.
This retail property is located at 8130 Parkway Drive in La Mesa, California 91942. The building was constructed in 1972, providing an established commercial setting for retail occupancy or ownership.
Key Highlights
- Retail property at 8130 Parkway Drive, La Mesa, CA 91942
- Building constructed in 1972
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$125,664
Cap Rate
3.31%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,513,280
$2.5M
Cap Rate 7%
$1,795,200
$1.8M
Cap Rate 9%
$1,396,267
$1.4M
Market Conditions
NOI Build-Up for 8,000 SF
Gross rent
$192.0K $24.00/SF
− Vacancy
−$12.5K −$1.56/SF
EGI
$179.5K $22.44/SF
− OpEx
−$53.9K −$6.73/SF
NOI
$125.7K $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 Rate 5%
$2,513,280
Cap Rate 7%
$1,795,200
Cap Rate 9%
$1,396,267
Alternative Uses
Best Use
Retail
$1.80M
$1.57M – $2.09M
NOI $125,664 @ 7.0% cap · market cap 3.31%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$3.67M
$3.21M – $4.28M
NOI $256,573 @ 7.0% cap · market cap 6.75%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
2,408
Businesses Nearby
619k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Dining 31%
Shops & Services 30%
Superstores 26%
Apparel 6%
Costco Wholesale
Superstores
161,980 visits/mo
0.2 miles
Costco Gasoline
Shops & Services
109,802 visits/mo
0.1 miles
Chick-fil-A
Dining
51,777 visits/mo
0.1 miles
Burlington
Apparel
36,733 visits/mo
0.5 miles
McDonald's
Dining
34,804 visits/mo
0.3 miles
Demographics for 91942, CA
40,813
Population
18,488
Households
2.2
Avg Household Size
39
Median Age
38%
College-Educated
94%
High-School Grad
5.8 sq mi
ZIP Area
7,037
Density / Sq Mi
$81,262
Median Household Income
$57,064
Median Earnings
$1,934
Median Rent
$689,300
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in West region
Frequently Asked Questions
What type of property is this?
Retail space - Building dates to 1972 and is located in La Mesa, California.
Where is this retail space located?
The property is located at 8130 Parkway Drive La Mesa, CA.
What is the asking price?
The asking price for this property is $3,800,000.
What are key features of this property?
This property features: Retail property at 8130 Parkway Drive, La Mesa, CA 91942; Building constructed in 1972
