OFFER PRICE:

$4,000,000

PRICE/SF:

$520.36

NOI – CURRENT/YEAR 3:

$176,594 / $205,582

CAP RATE – CURRENT/YEAR 3:

4.41% / 5.14%

LEASED:

100%

BUILDING SF:

7,687 SF

STATUS:

Available

412-414 UNIVERSITY AVE. SAN DIEGO, CA 92103



Investment Highlights:
  • 7,687 Square Foot Two Story Mixed-Use (Retail/Apartments)
  • 100% Leased – 2 Retail Suites & 3 Apartment Units
  • 1st Floor Retail – Restaurant and Coffee Shop on NNN Leases
  • 2nd Floor Apartments – Desirable Mix of 2BR & 3BR Units
  • Historic Center of Hillcrest on University & 5th Ave
  • Walker’s Paradise – Score of (91)

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