For Sale
$12,500,000

1091 K StSan Diego, CA 92101

High-yield retail investment, prime location.

Overview

Added:
Dec 11, 2024
Days on market:
121

Highlights

  • Class A, multi-tenant retail condominium in San Diego's East Village, 100% occupied.
  • Strong tenant mix including national and regional brands like 7-Eleven and a Charter School.
  • 7-Eleven unit offers potential for separate sale.
  • Prime location adjacent to Petco Park and Tailgate Park redevelopment, with high visibility and significant foot traffic (9,000+ vehicles daily, 2.2 million annual Petco Park attendees).
  • Exceptional investment opportunity with $12,500,000 asking price, 6.55% cap rate, and $819,053 NOI.
  • Located in a rapidly growing area with 4,200+ new residential units and 8,000+ new jobs nearby.

Property Details for 1091 K St

Property type
Retail properties, Office properties
Square Feet
21,565 SF
Class
A
Year Built
2007
Stories
14
Lot Size (sq. ft)
42,689 SF
Units
233

Location Insight

City
San Diego
County
San Diego
State
California
Latitude
32.70808099
Longitude
-117.15437036
1091 K St, San Diego, California
Leaflet | © OpenStreetMap contributors

FAQs

What type of property is this?
Retail property - High-yield retail investment, prime location.
Where is the retail property located?
The property is located at 1091 K St San Diego, CA.
What is the asking price?
The asking price for this property is $12,500,000.
What are key features of this property?
This property features: Class A, multi-tenant retail condominium in San Diego's East Village, 100% occupied.; Strong tenant mix including national and regional brands like 7-Eleven and a Charter School.; 7-Eleven unit offers potential for separate sale.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
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1091 K St
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