Listed by Marcus & Millichap - San Diego
$4,800,000
USPS | TROPHY COASTAL SAN DIEGO PROPERTY | 60+ YR OCCUPANCY
Details
Property Type Retail, Office
Sub Type Storefront, Traditional Office
Square Footage 6,786
Tenancy Single
Brand/Tenant USPS
Lease Type Modified
Lease Expiration 09/30/2032
Remaining Term 6.3
Class A
Year Built 1961
Acreage 0.320
Investment Type Net Lease
Ground Lease No
Office | 6,786 SqFt
Marketing description
PLEASE VISIT THE PROPERTY WEBSITE TO DOWNLOAD FULL MARKETING PACKAGE:
Investment highlights
- 60+ Year Historical Occupancy and Recent Lease Extension Demonstrates a Strong Commitment to the Location.
- Prime Ocean Beach Infill Location - Located in the Heart of Ocean Beach, One of San Diego’s Most Supply-constrained Coastal Submarkets, Surrounded by Established Residential Density.
- Nationwide Essential-Service Platform w/ Unmatched Scale and Reach - the United States Postal Service Serves Every U.S. Address, operates 34k+ Locations & Generates over $80.5B in Annual Revenue.
- Strong Corporate Guaranty Backed by the United States Government - the Property benefits from a Corporate Guaranty from the United States Postal Service, an Independent Federal Entity Backed by the U.S. Government w/ an S&P Credit Rating of AA+.
- Asset w/ Significant Barriers to Entry - Ocean Beach Zoning Restrictions, Limited Developable Land, and Strict Coastal Regulations make Comparable Sites Virtually Impossible to Replicate, preserving Long-term Scarcity and Downside Protection.
- Strong Local Population Growth and Demand Drivers - Densely Populated and Affluent San Diego Location: Features an Average Household Income of more than $126k and Over 186k People Residing within a 5-Mile Radius.
- Consistent Daytime, Evening, and Weekend Activity Drivers - Nearby Retail, Dining, Service Uses, and Residential Density Support Steady Activity Throughout the Day and Week, Enhancing Real Estate Durability.
- Minutes from the US/Mexican Border (San Ysidro Port of Entry) - Major International Gateway and Reported Busiest Land Border Crossing in World (90k+ Vehicle & Pedestrian Crossings Daily). Projected to have an 87% Increase in Vehicle Traffic by 2030. Ocean Beach Functions as a True Residential Neighborhood, supporting Daily Needs Retail, Service Uses, and Essential Infrastructure. This Dynamic Contributes to Steady Demand that is Less Dependent on Seasonal Tourism Cycles.
Listing Contacts
Listed by Marcus & Millichap - San Diego
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Zoning
CC-4-2 CommercialNeighborhood CommercialCommercial Community
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View all 188 uses Last updated May 8, 2026 For deeper zoning details, reports are available at Zoneomics
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