Contacts

Kris Boehmer

Pacific Coast Commercial

Property Details

Property Type Retail - Street Retail
Property Size 5,810 SF
Lot Size 0.08 Acre
Additional Rent Contact for pricing
Property Tenancy Multi-Tenant
Year Built 1953
Date Updated Dec 7, 2024

This property is located in the high demand area of North Park for investors, owner-users and developers. Why is it in high demand? Densely populated neighborhood, bustling high traffic local retail, attractive zoning, low vacancy, high rents, long-term appreciation. It is located near the busy hub of Lincoln Avenue and 30th Street, which is walkable to prime retail, farmers market and annual festivities. The mixed-use aspect of this investment property gives a new owner. (3) Three retail tenants with stable cashflow, ability to grow the bottom line through recapturing operating expenses in a NNN lease format (3) Three apartment units ready to be upgraded and revenue increased. This property offers an investor an opportunity to increase the Net Operating Income of the property and hold an asset in popular area of San Diego, California.

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Highlights

Potential Added Value from recapture of expenses, increased rent, property improvements, future redevelopment.
Mixed-Use Leases giving a new owner power to take the property where they desire.
Cohesive Tenants that work and live locally.
Excellent Visibility near the intersection of 30th Street.
Low Vacancy in walkable residential, retail, restaurant and entertainment zone.
Solid Demographics with loyal customers.

Attachments

2926-36 Lincoln Ave - Brochure.pdf (PDF) opens in new window

Getting around

99/100
Walk Score ®
56/100
Transit Score ®
76/100
Bike Score ®

Powered by Walk Score ®

City San Diego, CA
Neighborhood North Park
Zip Code 92104
Market San Diego

Points of Interest

Rio Vista

1.74 miles
Hazard Center

2.11 miles
Stadium

2.21 miles
Mission San Diego

2.40 miles
City College

2.73 miles
Grantville

2.84 miles
Civic Center

2.97 miles
County Center/Little Italy

3.04 miles
Park & Market

3.04 miles
Courthouse

3.11 miles

Electrify America Fast Charger

0.30 miles
Tiger Mart & Gas

0.43 miles
Speedway

0.45 miles
76

0.45 miles
Chevron

0.57 miles
Mobil

0.58 miles
Arco

0.60 miles
Valero

0.89 miles
Shell

0.94 miles
Pearson Fuel

1.39 miles

North Park Parking Garage

0.19 miles
El Zarape

0.93 miles
Morley Field Disk Golf Course Parking

0.98 miles
North Carousel Parking Lot

1.41 miles
South Carousel Parking Lot

1.46 miles
Natural History Museum Parking Lot

1.55 miles
Dog Park Public Parking

1.67 miles
USA Gasoline

1.73 miles
YMCA Parking Lot

1.75 miles
Alcazar Parking Lot

1.84 miles

Crazee Burger

0.05 miles
Siamo Napoli

0.09 miles
Kin Len

0.09 miles
Riki Sushi

0.10 miles
Ranchos Cocina

0.12 miles
Shank and Bone

0.13 miles
Tamarindo

0.13 miles
Lucha Libre Taco Shop

0.14 miles
Yog-art Frozen Yogurt, Smoothies & Boba Teas

0.15 miles
City Tacos

0.15 miles

Target

0.18 miles
Vons

0.20 miles
Baron’s Market

0.40 miles
Pancho Villa Farmer's Market

0.51 miles
Smart & Final

0.59 miles
Market Place #204

0.77 miles
Parkside Foods

0.86 miles
North Park Produce

0.88 miles
Sprouts Farmers Market

0.90 miles
Corner Liquor

1.03 miles

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.