4475 Mission Bouleard #1, San Diego, CA 92109 - MLS#240022598

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Arash Rokni

arash@roknigroup.com +1(619) 762-0777

$31,000,000

Est. payment - /mo

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Key Details

Property Type Vacant Land

Sub Type Lots/Land

Listing Status Active

Purchase Type For Sale

Subdivision Pacific Beach

MLS Listing ID 240022598

Property Sub-Type Lots/Land

Property Description

DO NOT DISTURB THE TENANTS This coastal property is made up of various restaurants and office space, with a total building size of 38,103 square feet. Downstairs you will find three restaurants, a clothing store and the 7,100 vacant retail space that was previously occupied by Sketchers. All of the ground floor leases are on triple net lease agreements. Upstairs is filled with about 45 executive offices, an onsite manager, a printing room and a large conference room. The executive suites all have less than one year left on the term of their lease. Some of the offices have interior views of the ground floor anchor retail space and some of the offices have views of Garnet Avenue and the ocean. The total land size of the 6 parcels totals 62,500 square feet, or 1.43 acres of land. Due to the land's proximity to the ocean and Crystal Pier, the parking generates a tremendous amount of income across 121 parking spaces. This is an excellent opportunity for an Owner-User to relocate their headquarters at this amazing location with tremendous signage amongst strong foot and vehicle traffic. A company can occupy over 18,000 square feet of space or more than 51% of the building size, which qualifies for SBA Financing. An investor can reposition the Seacoast Center by leasing out the vacant spaces, improving the parking lot and gradually raising rents over time. A developer can collect a decent return on investment while entitling the property into a mixed- use development.

Location

State CA

County San Diego

Area Coastal South

Zoning CC-4-2

Interior

Fireplace No

Exterior

Utilities Available Above Ground, Below Ground, Cable TV, Electric, Natural Gas, Telephone, Other/Remarks

View Y/N Yes

Water Access Desc Available

View Ocean, N/K

Present Use Commercial,Unimproved

Building

Water Available

Others

Tax ID 423-044-01-00

Virtual Tour https://www.youtube.com/watch?v=yrRwCqGs9oQ

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Listed by Tony Franco Tony Franco Realty, Inc.

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Arash Rokni

REALTOR® | CADRE# 02005305

+1(619) 762-0777 | arash@roknigroup.com

San Diego Communities

4475 Mission Bouleard #1 San Diego, CA 92109

Arash Rokni

Key Details

Location

Interior

Exterior

Building

Others

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