4475 Mission Boulevard, Unit 1
$31,000,000
62,290 / 1.43
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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...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.
- Listed by Tony Franco • DRE #01714957 • Tony Franco Realty, Inc.
Property Details for 4475 Mission Boulevard, Unit 1
Neighborhood
PB
CommunityPACIFIC BEACH
View DescriptionOcean, N/K
City Postal IDPACIFIC BEACH (92109)
Cross Street(s)Garnet Avenue
LISTING UPDATED: 09/23/2024 08:25 PM
Property Details for 4475 Mission Boulevard, Unit 1
Status | Active |
---|---|
MLS # | 240022598 |
Days on Market | 88 |
Taxes | - |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Land |
MLS Type | Lot/Land / Fee Simple |
Year Built | - |
Lot Size | 1.43 AC |
County | San Diego County |
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Building Information for 4475 Mission Boulevard, Unit 1
Lot Size1.43 AC
Property Information for 4475 Mission Boulevard, Unit 1
Property History for 4475 Mission Boulevard, Unit 1
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Schools near 4475 Mission Boulevard, Unit 1
This home is within San Diego Unified School District.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | K to 5 | |||
Public - | 6 to 8 | |||
Public - | 9 to 12 | |||
Public - | K to 6 |
Rating | School | Distance |
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Pacific Beach Elementary School PublicK to 5 | ||
Pacific Beach Middle School Public6 to 8 | ||
Mission Bay High School Public9 to 12 | ||
Barnard Elementary School PublicK to 6 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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