1091 K St San Diego, CA 92101
- Retail properties
- 21,565 SF
- 0.98 lot acres
Current Use by Public Records
- The Charter School of San Diego / Charter School
- The Charter School of San Diego, 1091 / Charter School / High School
Property Details for 1091 K St
- Year built
- 2007
- Lot size
- 0.98 lot acres
- Property size
- 21,565 SF
- Property type
- Retail properties
- Property subtype
- Office Properties & Spaces
Description
This exceptional Class A, multi-tenant retail condominium, Park Terrace, presents a compelling investment opportunity in San Diego's vibrant East Village. Boasting 21,565 square feet across 233 units, this 100% occupied property features a diverse mix of established national and regional tenants including 7-Eleven, Dental Express, EFM Agency, Global Knowledge University, Lolita's, and a Charter School of San Diego. The property enjoys a prime location adjacent to Petco Park and the Tailgate Park redevelopment, benefiting from high visibility and significant foot traffic (over 9,000 vehicles daily and 2.2 million annual Petco Park attendees). Built in 2007, this single-story building sits on a 0.98-acre lot (APN: 535-362-20-01,02,03,04,05,06,07) and is zoned CCPD-BP. The property's strong financial performance is reflected in its $12,500,000 asking price, a 6.55% cap rate, and a Net Operating Income (NOI) of $819,053. The strategic location within the rapidly growing East Village, near 4,200+ new residential units and the influx of over 8,000 jobs from developments like Campus at Horton and RaDD, ensures long-term growth potential. The 7-Eleven unit offers the potential for separate sale. This is a rare chance to acquire a high-performing asset in one of San Diego's most dynamic neighborhoods. The property is located at 1091 K St and 212 Park Blvd, San Diego, CA 92101.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- San Diego
- County
- San Diego
- State
- California
- Longitude
- -117.154
- Latitude
- 32.7081
