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Apartments Condo For Sale • 21,565 SF
| Name | Condo Use | Size | Price | Details |
|---|---|---|---|---|
| 1st Floor - Unit Grnd Floor | Office/Retail | 21,565 SF | $13,500,000 USD | |
DescriptionGround-floor retail wraps the entire building adjacent to Petco Park, featuring a strong mix of national and regional credit tenants. The property also includes a separate 7-Eleven condo, offering the buyer the opportunity to renew the lease and potentially sell the unit individually at a premium. Sale NotesPark Terrace is a rare investment opportunity in Downtown San Diego, directly adjacent to Petco Park. As demand for urban living continues to grow, the property is well-positioned to benefit from the city’s ongoing redevelopment and the unmatched live/work/play lifestyle of the urban core. |
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Located in the heart of Downtown’s East Village, directly adjacent to Petco Park Tenant mix includes a mix of strong national and regional credit tenants along with a few local companies 222 Park Blvd features a separate condo (7-Eleven) - Buyer has the ability to renew lease and sell individual condo at a premium 5,300+ residential units within 0.25 mi and adjacent to Tailgate Park redevelopment (1.35 million SF) Over 9,000 vehicles pass the site daily, and 3.4M+ annual attendees to Petco Park home games Game changers for Downtown include Campus at Horton and RaDD, bringing over 8,000 jobs
| Located in the heart of Downtown’s East Village, directly adjacent to Petco Park |
| Tenant mix includes a mix of strong national and regional credit tenants along with a few local companies |
| 222 Park Blvd features a separate condo (7-Eleven) - Buyer has the ability to renew lease and sell individual condo at a premium |
| 5,300+ residential units within 0.25 mi and adjacent to Tailgate Park redevelopment (1.35 million SF) |
| Over 9,000 vehicles pass the site daily, and 3.4M+ annual attendees to Petco Park home games |
| Game changers for Downtown include Campus at Horton and RaDD, bringing over 8,000 jobs |
| Cap Rate: | 6.96 % |
| Tenant | SF Occupied | Lease End Date |
|---|---|---|
| 7-Eleven | ||
| Dental Express | 7/31/2027 | |
| Experiences For Mankind | 11/30/2022 | |
| Park Terrace Hoa |
| Commuter Rail | Drive | Walk | Distance |
|---|---|---|---|
| San Diego (Santa Fe Depot) (Coaster - San Diego North County Transit District (Coaster/Sprinter/Breeze)) | 4 min | - | 1.8 mi |
| Old Town Transit Center (Coaster - San Diego North County Transit District (Coaster/Sprinter/Breeze)) | 8 min | - | 4.9 mi |
| Transit/Subway | Drive | Walk | Distance |
| Park And Market (Blue Line - San Diego Metropolitan Transit System Trolley (San Diego Trolley), Orange Line - San Diego Metropolitan Transit System Trolley (San Diego Trolley)) | 1 min | 4 min | 0.3 mi |
| 12Th & Imperial Transit Center (Blue Line - San Diego Metropolitan Transit System Trolley (San Diego Trolley), Orange Line - San Diego Metropolitan Transit System Trolley (San Diego Trolley)) | 0 min | 5 min | 0.3 mi |
| Gaslamp Quarter (Orange Line - San Diego Metropolitan Transit System Trolley (San Diego Trolley)) | 3 min | 8 min | 0.5 mi |
| Convention Center (Orange Line - San Diego Metropolitan Transit System Trolley (San Diego Trolley)) | 2 min | 11 min | 0.6 mi |
| City College (Blue Line - San Diego Metropolitan Transit System Trolley (San Diego Trolley), Orange Line - San Diego Metropolitan Transit System Trolley (San Diego Trolley)) | 2 min | 12 min | 0.6 mi |
| Airport | Drive | Walk | Distance |
| San Diego International | 9 min | - | 4.3 mi |
| Parking Available: | Yes |
| Reserved: | No |
| Type: | Surface |
| Included in Rent: | Yes |
Bill Shrader
Urban Property Group Inc.(UPG)
Bill Shrader
Urban Property Group Inc.(UPG)