789 Hbr Dr San Diego, CA 92101-7710

Property Details for 789 Hbr Dr

Lot size

6.29 lot acres

Property size

9,999 SF

Zone code

COMMERCIAL

Property type

Community centers

APN

760-015-37-00

APU

7600153700

Description

This exceptional 73,823 square foot restaurant property, known as "The Headquarters," presents a compelling investment opportunity in San Diego's vibrant Marina District. Situated at the intersection of West Harbor Drive and Pacific Highway, this open-air shopping center benefits from a high-traffic location, attracting both local residents and the millions of tourists visiting downtown San Diego annually. Currently boasting a 16.7% vacancy rate, this property offers significant value-add potential through lease-up, while simultaneously providing stable cash flow secured by a weighted average lease term of 10 years. The diverse tenant mix includes a blend of food and beverage establishments, daily needs retailers, and apparel stores, catering to a broad customer base. The property's strategic adjacency to the Manchester Grand Hyatt, a 1,628-room hotel with extensive conference facilities, further enhances its appeal. As the only waterfront retail environment in the area, alongside Seaport Village, "The Headquarters" enjoys a prime position within a thriving entertainment, dining, and nightlife district in one of America's most popular cities. This presents a rare chance to acquire a generational asset in a rapidly expanding trade area with strong leasing momentum and top-performing tenants. The property's unmatched walkability to surrounding hospitality venues adds to its overall desirability and investment potential.

Location Insight

City

San Diego

County

San Diego

State

California

Longitude

-117.171

Latitude

32.7105

CBSA code

41740

CBSA name

SAN DIEGO-CARLSBAD-SAN MARCOS, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments