Investment Highlights
Fully Tenanted Cash flow generator with locked-in leases.
Zoned for mixed-use commercial in opportunity zone.
17,500 sqft lot with amazing upside potential.
Enjoy income while planning development.
High traffic area with public transit access.
Executive Summary
Introducing a premier investment opportunity at 3096 National Avenue, nestled in the heart of San Diego's Logan Heights neighborhood. This location is a gateway to endless potential in one of the city's most up-and-coming areas. Currently fully tenanted, this 17,500-square-foot development property offers positive cash flow, backed by a solid 4.17% CAP rate. With leases securing steady income and immediate returns. Situated strategically within a corridor of growth and opportunity, 3096 National Avenue benefits from its CC-3-6 multi-use and opportunity zone designation. The locale is situated for development, lying just a stone's throw from the thriving San Diego Naval Base, an eight-minute drive to the thriving Port of San Diego, and within easy reach of schools, public transit, and new shopping experiences. The area's expansion, fueled by its proximity to vital economic drivers, offers an investor the perfect canvas for a visionary mixed-use development combining retail excellence with residential luxury. This property comes with a concept for a mixed-use marvel, envisioning ten units per floor that promise not just a place to live or work, but a community to thrive in. 3096 National Avenue represents more than an investment: it's a cornerstone for future success in San Diego's real estate landscape.
