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Retail Space in Birdrock
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5726 La Jolla Blvd, San Diego, CA 92037

Street front retail space with parking in the heart of Birdrock.

Property Size5,222 SF
Price / SF$708.54
Days on Market697

Property Features for 5726 La Jolla Blvd

General Information

Standard status Active
Size 5,222 SF
Property subtype Retail
Investment Type Owner/User

Building Details

Tenancy Multi
Listing Agency: McCann Commercial Real Estate
Listed By: Jon O'Shea · License #AB069634
Source: Crexi
Added: Nov 19, 2024 Changed: Oct 8 Last Checked: Oct 16 at 8:39AM

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 McCann Commercial Real Estate

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Investment Insights

Based on property information with market context.

This street front retail space is located in the heart of Birdrock. The property features exposed ceilings and cement flooring. The layout includes three private offices, a conference room, an open area, a storage room, and a kitchenette. Two covered parking spaces are included, and free customer parking is available in the rear. The property size is 5222 square feet.

Key Highlights

  • Prime Birdrock location with street front retail exposure.
  • Includes 2 covered parking spaces.
  • Free customer parking available in the rear.

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$126,054
Cap Rate
3.41%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,521,080 $2.5M
Cap Rate 7%
$1,800,771 $1.8M
Cap Rate 9%
$1,400,600 $1.4M
Market Conditions
NOI Build-Up for 5,222 SF
Gross rent
$188.0K $36.00/SF
− Vacancy
−$7.9K −$1.52/SF
EGI
$180.1K $34.48/SF
− OpEx
−$54.0K −$10.35/SF
NOI
$126.1K $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%
$2,521,080
Cap Rate 7%
$1,800,771
Cap Rate 9%
$1,400,600

Alternative Uses

Best Use
Retail
$1.80M
$1.58M – $2.10M (±1% cap)
NOI $126,054 @ 7.0% cap · market cap 3.41%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$2.06M
$1.80M – $2.41M (±1% cap)
NOI $144,378 @ 7.0% cap · market cap 3.90%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Current Use

vida. hair studio Hair Salon

Suggested Use

Top Pick Auto Repair Shop Auto Parts Store Big Box & Wholesale Store Parking Lot & Garage Grocery & Convenience Store Building Supply

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

621
Businesses Nearby
4k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 100%
Chase Bank Shops & Services
2,339 visits/mo 0.2 miles
The UPS Store Shops & Services
1,248 visits/mo 0.3 miles

Demographics for 92037, CA

41,260
Population
19,628
Households
2.1
Avg Household Size
43
Median Age
76%
College-Educated
98%
High-School Grad
12.0 sq mi
ZIP Area
3,438
Density / Sq Mi
$141,822
Median Household Income
$64,545
Median Earnings
$2,632
Median Rent
$1,857,800
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 San Diego, CA

4.9% 2019
6% 2020
5.8% 2021
4.5% 2022
4.4% 2023
4.4% 2024
4.8% 2025

Frequently Asked Questions

What type of property is this?
Retail space - Street front retail space with parking in the heart of Birdrock.
Where is this retail space located?
The property is located at 5726 La Jolla Blvd San Diego, CA.
What is the asking price?
The asking price for this property is $3,700,000.
What are key features of this property?
This property features: Prime Birdrock location with street front retail exposure.; Includes 2 covered parking spaces.; Free customer parking available in the rear.
(267) 780-3419 Call to check price and availability
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