JUST LISTED! Multi-Tenant Retail/Shopping Center/Automotive for Sale


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The Opportunity

Pacific Coast Commercial presents the opportunity to acquire this mixed use multi-tenant retail and automotive/industrial commercial property in Lakeside California. The property is located at 12233-12247 Woodside Ave., Lakeside, CA 92040.

The property consists of one (1) multi-tenant retail building (5,600 sq. ft.) and one (1) metal free-span automotive/industrial building (4,000 sq. ft.). The property is well located on Woodside Ave., one of the busiest commercial districts in the City of Lakeside.


Property Overview

  • Sale Price: $2,725,000 ($284/SF)

  • CAP Rate: 5.05% on Actual Income with 3% Vacancy Factor

  • Location: 12233-12247 Woodside Avenue, Lakeside, CA 92040

  • Center Name: Lakeside Roundup Center

  • Occupancy: 83%

  • # of Tenants: 6

  • Building: +/- 9,600 SF Multi-Tenant Retail & Automotive / Industrial

  • Land area: +/- 0.47 AC (Lot Sq. Ft. 35,284)

  • APN: 394-510-04

  • Year Built: 1968

  • Parking Ratio: 3/1,000 SF

  • Zoning: C36 (General Commercial) View Link

Property Highlights

  • Diversified Mix of Retail Tenants (Micro Brewery with Seven (7) Locations Throughout San Diego County, Barber Shop, Smoke Shop).

  • Auto Body Repair Business with Fenced Storage Yard Area with Two (2) Gates for Drive Around Access.

  • New TPO Roof on Retail Building in 2020 with Ten (10) Year Manufacturers Warranty.

  • Retail Parking Ratio 3/1,000.

  • Installation New City Sidewalks Between Winter Gardens Boulevard and Channel Road (View Link).

  • Minutes from Downtown Lakeside.

  • Easy Access to Interstate 8, Highway 67 and the 52 Freeway.

  • 26 Minutes from Downtown San Diego and San Diego International Airport.

  • Highly Walkable Location (Score: 73).


Contact Pacific Coast Commercial Agents (619) 469-3600

BRIAN CREPEAU

Vice President - Brokerage & Asset Management

Brian@PacificCoastCommercial.com

Lic. 01163628


VANESSA REZA

Senior Advisor - Sales & Leasing

Vanessa@PacificCoastCommercial.com

Lic. 01856646

ANTHONY GOROS

Sales & Leasing Associate

Anthony@PacificCoastCommercial.com

Lic. 02098424

Tel (619) 469-3600 | Lic. 01209930

10721 Treena Street, Ste. 200

San Diego, CA 92131

www.PacificCoastCommercial.com



The information contained herein has been given to us by the owner of the property or other sources we deem reliable, we have no reason to doubt Its accuracy, but we do not guarantee it. All information including zoning, financials, leases, square footage, permits and use should be verified during due diligence and prior to completing a purchase.