Retail Center 4647 University 3876 Menlo
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Retail Center 4647 University 3876 Menlo
2 Retail Properties Offered at $3,700,000 in San Diego, CA
Executive Summary
On the market for the first time in 30 years, these two contiguous properties (4647 University Ave & 3876 Menlo ave) have been owned by the same family for nearly three decades. The property comprises a 19,089 sq ft lot and an 8,227 sq ft building, both boasting 134 feet of frontage on bustling University Avenue in the heart of City Heights. With over 21,268 cars passing by daily, this prime location offers maximum exposure for any business and exceptional potential for developers, thanks to newly relaxed regulations on transportation corridors.
Property Facts
| Price | $3,700,000 | Status | Escrow |
| Price / SF | $449.74 / SF | Number of Properties | 2 |
| Sale Conditions | 1031 Exchange | Individually For Sale | 0 |
| Cap Rate | 1% | Total Building Size | 8,227 SF |
| Sale Type | Investment or Owner User | Total Land Area | 0.43 AC |
| Price | $3,700,000 |
| Price / SF | $449.74 / SF |
| Sale Conditions | 1031 Exchange |
| Cap Rate | 1% |
| Sale Type | Investment or Owner User |
| Status | Escrow |
| Number of Properties | 2 |
| Individually For Sale | 0 |
| Total Building Size | 8,227 SF |
| Total Land Area | 0.43 AC |
Properties
| Property Name / Address | Property Type | Size | Year Built | Individual Price |
|---|---|---|---|---|
| 3876-3878 Menlo Ave, San Diego, CA 92105 | Retail | 5,506 SF | 1954 | - |
| 4647 University Ave, San Diego, CA 92105 | Retail | 2,721 SF | - | - |
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Retail Center 4647 University 3876 Menlo
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