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Mixed-Use

826-836 5th Avenue

828 Fifth Ave, San Diego, CA 92101

Listing Price: $5,000,000

Cap Rate
6.36%
Number of Units
14
Occupancy
85.0%
Price/Unit
$357,143
Price/Gross SF
$572.80
Gross SF
8,729

Investment Overview

Marcus & Millichap is pleased to present 828-836 5th Avenue in Downtown San Diego’s Gaslamp District. All ground floor units are leased on NNN leases with an average rent of $5.50 per SF. 828-836 5th Avenue is home to Sadaf Restaurant and Casa Blanca Restaurant, and has 12 office units on the 2nd floor.

The property is located in the heart of the Gaslamp District in Downtown San Diego. With activities for any
occasion, the Gaslamp is the perfect spot for a romantic date night, birthday celebration,
bachelor/bachelorette party, bar hopping, or even simply dining out with the family. With a plethora of restaurants, from quick bites to fine dining, there are endless ways to satisfy your taste no matter what you are looking for.

Investment Highlights

  • 8,729 SF Office / Restaurant in Downtown San Diego
  • Twofold Value-Add Approach – Restaurant Tenant's are 15% Below Market Rent, Expire in 2026
  • Current Office Layout can be converted to Creative Office with Higher Rent & Single Tenancy

Exclusively Listed By

Financing By

Mixed-Use

826-836 5th Avenue

Listing Price: $5,000,000

Cap Rate
6.36%
Number of Units
14
Occupancy
85.0%
Price/Unit
$357,143
Price/Gross SF
$572.80
Gross SF
8,729

Investment Highlights

  • 8,729 SF Office / Restaurant in Downtown San Diego
  • Twofold Value-Add Approach – Restaurant Tenant's are 15% Below Market Rent, Expire in 2026
  • Current Office Layout can be converted to Creative Office with Higher Rent & Single Tenancy

Investment Overview

Marcus & Millichap is pleased to present 828-836 5th Avenue in Downtown San Diego’s Gaslamp District. All ground floor units are leased on NNN leases with an average rent of $5.50 per SF. 828-836 5th Avenue is home to Sadaf Restaurant and Casa Blanca Restaurant, and has 12 office units on the 2nd floor. The property is located in the heart of the Gaslamp District in Downtown San Diego. With activities for any occasion, the Gaslamp is the perfect spot for a romantic date night, birthday celebration, bachelor/bachelorette party, bar hopping, or even simply dining out with the family. With a plethora of restaurants, from quick bites to fine dining, there are endless ways to satisfy your taste no matter what you are looking for.

Exclusively Listed By

Financing By

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