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Bellamar - Ground Floor Retail Component For Sale 1180 Rosecrans Street, San Diego, CA, USA
Property Overview
Price/Rent PSF Inquire
Asset Type Retail
Trade Type Sale
SQ. FT. Available 4,724
Date Available 03/08/2018
Parking 12 dedicated retail parking spaces
Search Demographic Data Explore financing options
Description

Ground Floor Retail Component for Sale Only.

INTRODUCTION:
Flocke & Avoyer Commercial Real Estate, as exclusive agent, is pleased to present an opportunity to purchase ±4,724 SF of ground floor retail in the Bellamar mixed-use project. The project includes 16 residential units (www.bellamarpointloma.com) and ground floor retail with 12 dedicated retail parking spaces.

OFFERING HIGHLIGHTS:
Price: $3,950,000
CAP Rate: 5.38%
Tenants: UPS, Mr. Moto Pizza House, Pacific Sotheby’s, iPolish
The retail suites are 100% leased.
APN - Master: 531-321-15-00
Tax Segregration: In Progress
Building Area: ±4,724 SF (4 retail units with 12 dedicated retail parking spaces)

OFFERING OVERVIEW:
- New 4-unit retail condominium with 12 dedicated retail parking spaces.
- Located on the highly visible corner of Rosecrans Street and Shelter Island Drive/Byron Street in the heart of Point Loma.
Rosecrans Street ±24,500 ADT.
Shelter Island Drive ±17,900 ADT.
- Located less than 5 minutes from Shelter Island Marina, Naval Base Point Loma (±22,000 on base population) and Point Loma Nazarene University (±3,480 students).
- Excellent trade area demographics.
Average HHI $127,490 (1 mile radius)
Daytime Population ±15,109 (1 mile radius)

*See the marketing package for more information.

Location

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