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San Diego Office Building For Sale

1750 Sixth Ave San Diego, CA 92101

1750 Sixth Ave, San Diego, CA, 92101
Contact for pricing
For Sale
Contact for pricing
Pending

Office building with development potential, offers accepted until 8/31/2024.

Property Size2,150 SF
Days on Market725

Property Features for 1750 Sixth Ave

General Information

Standard status
Pending
Size
2,150 SF
Property subtype
Office
Listing Agency Strom Commercial
Listed by Jack Schreibman · License #02172891
Source Crexi
Added: Jul 24, 2024 Checked: Jul 17 at 1:11 pm

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 Strom Commercial


Investment Insights

Based on property information with market context.

This commercial real estate property, suitable for office use, is available for sale. The property has development potential, and the buyer is responsible for verifying this potential. The property is being sold through mediators, and offers are being accepted through August 31, 2024. The property has a size of 2150 square feet.

Key Highlights

  • Accepting offers through 8/31/2024.
  • Mediators sale.
  • Development potential.

Local Financial Insights For Office B

Simulate Cap Rate and NOI

NOI Build-Up
Vacancy
income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
EGI (Effective Gross Income)
gross rent minus vacancy losses — the realistic income before paying operating costs.
OpEx (Operating Expenses)
recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
NOI (Net Operating Income)
income a property generates after operating costs but before financing and taxes.

Component $ $/SF
Gross rent $64.5k $30.00
− Vacancy −$9.2k −$4.26
EGI $55.3k $25.74
− OpEx −$13.8k −$6.44
NOI $41.5k $19.31
2,150 SF · lease $30.00/SF/yr · vacancy 14.20% · expense 25.00%

Alternative Uses

Best Use
Office B
$592.9K
$518.8K – $691.8K (±1% cap)
NOI $41,506 @ 7.0% cap · market cap 3.21%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$849.2K
$743.0K – $990.7K (±1% cap)
NOI $59,443 @ 7.0% cap · market cap 4.59%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

The Zb Savoy Department Store Lucky's Tattoo Tattoo & Piercing Shop

Suggested Use

(Bike/Boat/Book/etc) Store Daycare Center Butcher Veterinary Clinic Pet Grooming Service Clothing & Fashion Store Restaurant Clothing & Fashion Store Mobile Phone Store (Bike/Boat/Book/etc) Store

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Office building - Office building with development potential, offers accepted until 8/31/2024.
Where is this office building located?
The property is located at 1750 Sixth Ave San Diego, CA.
What is the asking price?
The asking price for this property is $1,295,000.
What are key features of this property?
This property features: Accepting offers through 8/31/2024.; Mediators sale.; Development potential.
Contact an agent
(619) 243-1244 Call to check price and availability
More about this property
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