1405 UNIVERSITY AVE
Retail | Available for Owner-User
Marketing description
Marcus & Millichap is pleased to present 1405 University Ave, in the Hillcrest neighborhood of San Diego, CA. This 1,834 sqft retail building sits on University Avenue, the neighborhood’s main street with more than 20,000 vehicles passing per day. The property is in close proximity to the 163 freeway and is just half a mile away from Balboa Park and two miles from Fashion Valley mall and the San Diego International Airport.
Landlord recently reached an agreement with tenant to break out back storage area of 1,600 SF from the lease agreement. Tenant to continue paying same rent schedule as previously, meaning that new owner can lease this space out of additional income.
Investment highlights
Current tenant is willing to terminate lease early. Available for owner-user to occupy building within 30 days. Rare Hillcrest Retail Opportunity.
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