Property profile

3924 Point Loma Blvd San Diego, CA 92110

OFF-MARKET
Retail properties & Spaces
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Property summary

AI-generated overview

Midway Towne Center offers an exceptional retail opportunity in the vibrant Point Loma/Sports Arena submarket of San Diego. This strong shopping center, conveniently located off I-8 at the entrance to Ocean Beach, Sports Arena, and Point Loma, boasts two fully fixturized restaurant spaces ready for immediate occupancy. Each space offers a flexible layout ranging from 2,050 to 2,120 contiguous square feet, totaling 4,170 vacant square feet across two suites within the building. The center enjoys a high-traffic location, anchored by established businesses such as CVS and Grocery Outlet, and further enhanced by a thriving Starbucks drive-thru. The property's strategic position benefits from a large community trade area, drawing customers not only from the immediate vicinity but also from surrounding areas including La Jolla, Pacific Beach, Mission Beach, Mission Hills, Bankers Hill, Old Town, and Bay Park. These communities, characterized by land constraints, contribute to the center's robust customer base. The property is zoned Commercial and is easily accessible via Sports Arena Blvd. This turnkey opportunity presents a unique chance to establish or expand a restaurant business in a highly desirable and well-established retail center. The existing fixtures provide a significant advantage for a quick and efficient start-up.

Property profile

Verified
Property type Retail properties & Spaces

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Restaurant
  • Restaurant

Location

3924 Point Loma Blvd San Diego, CA 92110
San Diego metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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