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Financial
Distress signals
Property profile

5475 Grossmont Center Dr La Mesa, CA 91942

FOR LEASE
Retail space
Property ID
US09-7218145
11,621 SF 1.09 ac lot Built 2001
Entity Owned Owner of record is a legal entity (LLC / corporation). Absentee Owner Owner mailing address differs from the property address. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

Grossmont Plaza II, located at 5475 Grossmont Center Drive in La Mesa, California (zip code 91942), presents a compelling retail investment opportunity. This shopping center boasts a prime location within the bustling Grossmont Center Shopping Area, experiencing an impressive 10.7 million annual visits. The property is classified as a multi-tenant retail space of the Shopping Center subtype, with a total of 190 parking spaces available for customer convenience. Currently, there is 7,588…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2024

What does the county charge?
$25k
Tax billed · 2024
Assessed value$2.03M
Assessed land$490k
Assessed improvement$1.54M
Effective rate1.21%

Value estimate

· Oct 2026
$2.03M
$1.83M – $2.23M
CAP approach$2.81M
NOI build-up
Gross scheduled income$120k
Vacancy & credit loss−$8k
Operating expenses−$34k
NOI · 187,000.00% cap applied$79k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$417/SF
ZIP average, outlier-cleaned · 64 recorded sales of this use type
Observed band · Q1–Q3$268 – $591

Cap rate analysis

How does the asset earn?
187,000.00%
$79k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
COMMERCIAL
JurisdictionSAN DIEGO

Location intelligence

Which uses thrive at this corner?
Best fit: Building Supply
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Building Supply35.0
Wholesale Shop32.8
Restaurant29.7

Location

5475 Grossmont Center Dr La Mesa, CA 91942
County assessor Recorded deeds · not on file Qualifying comp sales · not on file Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 14 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
8415 La Mesa, La Mesa, CA 91942-5326 $1,200,000 Apr 2025 5,942 SF
8120 Commercial, La Mesa, CA 91942-2926 $2,765,000 Mar 2025 6,324 SF
8100 Ctr, La Mesa, CA 91942-2925 $2,205,500 Jan 2025 19,931 SF
7863 La Mesa, La Mesa, CA 91942-0671 $4,195,000 Dec 2024 15,073 SF
6055 Lk Murray, La Mesa, CA 91942-2506 $790,000 Oct 2024 13,169 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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