Offer Price:

$5,500,000

BUILDING SF:

10,900

Price/SF:

$458.72

CAP Rate:

4.48%

NOI:

$246,587

Property Type:

Mixed-Use (Retail/Office)

Status:

Active



Investment Highlights
  • Located in the heart of Coronado an iconic California beach community
  • Property completely renovated in 2012
  • Asset is 100% NNN Leased
  • Impressive views of the Downtown San Diego Skyline
  • Lifetime opportunity to acquire a historical landmark Coronado’s first Firehouse in 1892
  • 1st Floor Retail lease by expertly operated Mexican Restaurant Village Cocina & Cantina
  • 2nd Floor Office suites 100% occupied on NNN leases
  • Low Coronado Retail vacancy of 2.5% for Q2 2019
  • Low velocity coastal sub-market of San Diego

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