

535 Robinson Ave
Existing Rite Aid | Premier 1.01-acre redevelopment or owner-user opportunity | Hillcrest, San Diego
Marketing description
CBRE is pleased to present the opportunity to acquire 535 Robinson Ave (the “Site”), a high-quality 1.01-acre development site in the heart of Hillcrest, one of San Diego’s most dynamic and amenity-rich neighborhoods.
The property is zoned for high-density residential (up to 290 units/acre) and is in the Complete Communities Tier 2, with an 8.0 FAR and a by-right entitlement path. The site offers investors the chance to capitalize on a high demand, urban core submarket with strong demographic fundamentals.
This offering also provides prospective owner-users the chance to purchase one of the few buildings featuring off-street parking (80 spaces). This is an ideal location for both retailers and medical uses with the proximity to the nearby hospitals and densely populated residential base.
Located at 535 Robinson Avenue, the Site is positioned in the heart of Hillcrest’s retail and lifestyle corridor. Just steps away are Whole Foods Market, Balboa Park, UC San Diego Health’s Hillcrest campus, and a diverse array of restaurants, cafés, and boutique retail—providing a rare blend of urban convenience, employment connectivity, and outdoor recreation. This exceptional neighborhood infrastructure situates the Site for a wide array of development potential.
Investment highlights
Amenity Rich Neighborhood
Strong Area Demographics
Outperforming Submarket
High Density By-Right Zoning
Transit Priority Area
Proximity to Major Employers
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