Investment Overview

Zorbas | Huffman | & Partners of Marcus & Millichap is pleased to present 6540 University Avenue, a 14,363 square foot corner lot, located in the neighborhood of Rolando Village, San Diego. The base zoning of the .33-acre parcel is CC-4-3 with Complete Communities Tier 3 (6.5X FAR). Zoning and wide-ranging incentives allow for a myriad of development possibilities including multifamily, mixed-use, and other commercial uses. Additionally, the site has utilities as well as two curb cuts. The property is strategically located in Rolando Village, one of San Diego’s most desirable mid-city urban neighborhoods. Residents enjoy quiet winding streets, a small business district, and a strong sense of community with walkable access to local eateries, entertainment, and storefront retail. San Diego State University, Mission Valley, and Downtown San Diego are just a few minutes away, and residents can reach the beach within 25 minutes. The College Area Business District primarily serves the neighborhoods surrounding San Diego State University (SDSU). SDSU is only a 7-minute drive away from 6540 University Avenue, boasting a student body of over 34,000 students, generating $2.4 billion annually for the San Diego economy. This means that Rolando residents essentially have all the advantages of living in the eighth-largest city in the US, with major employment centers, entertainment, and recreation nearby, without needing to deal with the crowds or other challenges that sometimes accompany more densely populated urban and coastal communities. This property presents a unique opportunity for a developer to gain a foothold in Rolando Village, one of the strongest submarkets at the forefront of rental growth in San Diego.