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3940 4th Ave
San Diego, CA 92103 Hillcrest

$1,996 - $3,998 USD/MO

Unknown For Lease  •  868+ SF

Property Details

  • Property Type Unknown
  • Year Built 1992
  • Total Building Size 18,143 SF
53 Transit Score
96 Walk Score

4 Spaces Available

Name Space Use Size Rent Details
Ll Floor Ste 110/120 Retail 3,440 SF $12.00 USD/SF/YR
This approximately 3,440 RSF fully functional restaurant space features a unique partially subterranean layout with retractable windows that create an inviting indoor-outdoor dining experience. Lease terms and rent are negotiable, offering flexibility for the right operator. The space benefits from daily common area janitorial service, with parking available for an additional fee. Offered on a net basis, tenants pay their proportionate share of operating expenses ($1.02 per Sf) along with directly metered utilities such as electricity, telephone, and internet.

Details:

Approx. Size:  3,440 RSF 

Rent:  $3,440 per month ($1.00/SF) 

OPEX/NNN/CAMs: $3,508.80 (1.02/SF). 

Total: $6,948.80 per month $2.02/SF. 

Lease Term: Negotiable

Build Out: Fully Functional Restaurant

Parking: Available for additional fee

Janitorial: Daily Common Area 

Location:  3940 Building, Partially Subterranean with Retractable Windows

Expenses: Net - Tenant pays their proportionate share of the property's operating expenses which is currently $1.02/SF. Tenants own directly billable utilities such as electricity, telephone, internet.

  • Date available: Now
  • Lease term: Negotiable
  • Service type: Triple Net
  • Built out as: Restaurants And Cafes
  • Space Type: Relet
2nd Floor Ste 3954 Office 868 SF $27.60 USD/SF/YR
This 868 sq. ft. commercial space at 3954 4th Ave offers a modern and functional layout featuring smooth white walls, gleaming hardwood floors, and sleek contemporary finishes. Large windows provide abundant natural light, creating a bright and inviting atmosphere that enhances the open layout and supports flexible interior configurations suited to a variety of business needs.

The space includes an updated restroom and recessed lighting throughout, ensuring clean and consistent illumination. With its combination of practicality, style, and a desirable urban location, this property is an excellent fit for businesses seeking a well-designed commercial space with modern amenities and strong street presence.

Suite Details:
-Size:  868 SF
-Location:  2nd Floor, Southeast Facing
-Build-Out: 
?-3 Private Offices
-Kitchenette
-Private Restroom
-Storage
-Parking: 1 reserved parking space available for $150/month / Off-street Parking

Financials:
-Rate:  $1,995 per month ($2.30/sf)
-Lease Term: 36+ Months
-Security Deposit: Equal to 1 month rent
-Lease Type:  Standard Multi-Tenant Office Lease - Gross
-Expenses:  Tenant pays their own electric

  • Date available: Now
  • Lease term: 3 - 10 Years
  • Service type: Modified Gross
  • Built out as: Professional Services
  • Space Type: Relet
2nd Floor Ste 3954/3956 Office 1,834 SF $26.16 USD/SF/YR
This 1,834 sq. ft. commercial space at 3954/3956 4th Ave offers a modern and functional layout featuring seven private offices, a welcoming reception area, and contemporary finishes throughout. Smooth white walls, hardwood floors, recessed lighting, and expansive windows create a bright, professional atmosphere ideal for client-facing or team-oriented businesses. The open feel and abundant natural light enhance the overall workspace, making it both inviting and efficient.

Additional highlights include a convenient kitchenette and two updated private restrooms, providing comfort and practicality for daily operations. With its versatile configuration, polished interior, and desirable urban location, this property is an excellent choice for businesses seeking a well-designed commercial space that blends modern aesthetics with everyday functionality.

Suite Details:
-Size:  1,834 SF
-Location:  2nd Floor, East Facing North/South Side

Build-Out: ?
-7 Private Offices
-Reception
-Kitchenette
-2 Private Restrooms
-Parking: 1 reserved parking space included / Off-street Parking

Financials:
-Rate:  $3,995 per month ($2.18/sf)
-Lease Term: 36+ Months
-Security Deposit: Equal to 1 month rent
-Lease Type:  Standard Multi-Tenant Office Lease - Gross
-Expenses:  Tenant pays their own electric

  • Date available: Now
  • Lease term: 3 - 10 Years
  • Service type: Modified Gross
  • Space Type: Relet
2nd Floor Ste 3956 Office 961 SF $31.08 USD/SF/YR
This 961 sq. ft. commercial space at 3956 4th Ave offers a versatile layout featuring four private offices, making it ideal for a range of professional, service-based, or retail uses. Recessed lighting throughout provides bright, even illumination, creating a welcoming and functional work environment.

Several rooms feature large windows that bring in abundant natural light and offer pleasant street views, enhancing the sense of openness and connection to the surrounding neighborhood. These windows also provide valuable frontage for potential signage, increasing visibility for businesses. With its prime location along 4th Avenue, this space benefits from excellent accessibility and strong exposure—an advantage for businesses seeking foot traffic or convenient client access.

Suite Details:
-Size:  961 SF
-Location: 2nd Floor , Northeast Facing
-Build-Out: 
-4 Private Offices
-Open Workspace?
-Private Restroom?
-Parking: 1 reserved parking space available for $150/month / Off-street Parking

Financials:
-Rate:  $2,495 per month ($2.59/sf)
-Lease Term: 36+ Months
-Security Deposit: Equal to 1 month rent
-Lease Type:  Standard Multi-Tenant Office Lease - Gross
-Expenses:  Tenant pays their own electric

  • Date available: Now
  • Lease term: 3 - 10 Years
  • Service type: Modified Gross
  • Built out as: Standard Office
  • Space Type: Relet

Description

The Plaza on Fourth at 3940 4th Avenue, a cornerstone of Hillcrest’s dynamic district in San Diego, presents a fusion of retail and office spaces within its sleek, four-tiered architecture. Established in 1992, this structure spans 22,000 square feet and houses a variety of shops, restaurants, businesses, and health services. The building features a newly updated elevator, second- and third-level terraces, and private parking for occupants. 
    
Next door, the 50's on 4th at 3952-3958 4th Avenue is a mixed-use retail/office property centrally located in Hillcrest on 4th Avenue between Washington and University. This two-story building comprises 4,000 square feet, with reserved on-site and off-site parking available. Three restaurants and retailers are located within this building, including Cabais and Sailor’s Grave Tattoo. The tenants of both Plaza at Fourth and 50's on 4th relish the convenience of having a diverse range of dining options just a short distance away. With this high-density location, the offerings benefit from thousands of vehicles and pedestrians passing by daily.
   
Perfectly located on 4th Avenue and framed by the thoroughfares of Washington and University Avenues, The Plaza on Fourth is encircled by an abundance of facilities. Renowned healthcare establishments, including the University of California Medical Center Hillcrest and Scripps Mercy Hospital, are nearby, attracting a continuous flow of those seeking medical services. The area’s allure is augmented by the Balboa Park and the San Diego Zoo, both less than a mile distant. The Plaza on Fourth is the quintessential location for enterprises, surrounded by the conveniences offered by the Hillcrest neighborhood.

Highlights

Experience the best of Hillcrest through a second-generation restaurant establishment or a medical conversion opportunity.
Nearby dense residential neighborhoods are home to over 221,964 households within a 5-mile radius, Balboa Park, and the world-famous San Diego Zoo.
Located along 4th Avenue between Washington and University Avenues, a high-traffic thoroughfare driven by over 32,781 vehicles.
Strategically positioned near major medical facilities, less than 3 miles away, including Scripps Mercy Hospital and Sharp Community Medical Group.
Extremely walkable area with a 96 Walk Score and an abundant selection of bars, restaurants, entertainment, retail, and fitness attractions.
Conveniently located approximately 0.5 miles from State Route 163 and only 1 mile from Interstate 8.

Property Flyers

Major Tenants

Tenant SF Occupied Lease End Date
Being Alive San Diego 750 SF
Centre Pilates
Healthtopia Clinics
Paradise Pharmacy 1,980 SF

Public Transportation

Commuter RailDriveWalkDistance
San Diego (Santa Fe Depot) (Coaster - San Diego North County Transit District (Coaster/Sprinter/Breeze)) 6 min - 2.8 mi
Old Town Transit Center (Coaster - San Diego North County Transit District (Coaster/Sprinter/Breeze)) 7 min - 3.1 mi
AirportDriveWalkDistance
San Diego International 6 min - 2.3 mi
Keith Herbert 619-604-6899 McKee Commercial
Keith Herbert 619-604-6899 McKee Commercial