Canon Street Marine Center
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Canon Street Marine Center
2 Retail Properties in San Diego, CA
Investment Highlights
- PRIME LOCATION | in the heart of Point Loma Village
- STABLE TENANCY | 100% occupied by nine established tenants
- STRONG MARKET FUNDAMENTALS | robust and consistent demand for commercial space
- BUILDING CONDITION | results of long-term pride of ownership
- VALUE-ADD OPPORTUNITY | below market rents
Executive Summary
Intersection, as agent for the Seller, is pleased to present qualified investors with an investment opportunity encompassing two adjacent properties located at 2810-2832 Cañon Street and 1101-1111 Scott Street. Cañon Street Marine Center ("The Property") is strategically located in a vibrant Point Loma Village, known for its rich culture, high foot traffic and proximity to the water. Just one block from the San Diego Bay, the center is surrounded by the San Diego Yacht Club, numerous restaurants and high-end retailers. The property, family-owned since its construction, is currently 100% leased by nine long-term tenants, with zero turnover in the past eight years. The trophy location, coupled with high occupancy and flexible zoning, make this a rare and valuable investment opportunity.
Data Room Click Here to Access
- Offering Memorandum
Taxes & Operating Expenses (Actual - 2023) Click Here to Access |
Annual |
|---|---|
| Gross Rental Income |
$99,999
|
| Other Income |
$99,999
|
| Vacancy Loss |
$99,999
|
| Effective Gross Income |
$99,999
|
| Taxes |
$99,999
|
| Operating Expenses |
$99,999
|
| Total Expenses |
$99,999
|
| Net Operating Income |
$99,999
|
Taxes & Operating Expenses (Actual - 2023) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Other Income | |
|---|---|
| Annual | $99,999 |
| Vacancy Loss | |
|---|---|
| Annual | $99,999 |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Taxes | |
|---|---|
| Annual | $99,999 |
| Operating Expenses | |
|---|---|
| Annual | $99,999 |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
Property Facts
| Sale Conditions | Bulk/Portfolio Sale | Individually For Sale | 0 |
| Sale Type | Investment | Total Building Size | 18,630 SF |
| Status | Active | Total Land Area | 0.57 AC |
| Number of Properties | 2 |
| Sale Conditions | Bulk/Portfolio Sale |
| Sale Type | Investment |
| Status | Active |
| Number of Properties | 2 |
| Individually For Sale | 0 |
| Total Building Size | 18,630 SF |
| Total Land Area | 0.57 AC |
Properties
| Property Name / Address | Property Type | Size | Year Built | Individual Price |
|---|---|---|---|---|
| 2810-2832 Canon St, San Diego, CA 92106 | Retail | 14,782 SF | - | - |
| 1101-1111 Scott St, San Diego, CA 92106 | Retail | 3,848 SF | - | - |
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Canon Street Marine Center
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