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6331 University Ave

18,346 SF Retail Building San Diego, CA 92115 $3,099,000 ($169/SF)

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Investment Highlights

Fully leased investment opportunity
$14,900 per month Rental Income

5 Years remaining on tenant's lease
22+ Parking Spaces

Executive Summary

Presenting an excellent investment opportunity: a fully leased retail building offering prime visibility. The property features 18,346 square feet of space, including 8,500 square feet for both warehouse and showroom areas, situated on a spacious 28,750 square feet lot. Currently leased to a tenant operating a dog kennel, the property generates a monthly gross income of $14,900 with annual 3% cost-of-living increases, under a secure 5-year lease agreement. With an estimated capitalization rate (CAP) of 5.73%, this property represents a compelling addition to any investment portfolio.

6331 University Ave. Investment Sale