Pacific Plaza I — Sale in San Diego, CA

  • Price: Contact for price
  • Listing type: For sale
  • Asset type: Retail Business
  • Location: San Diego, CA 92109

Description

Top 3% of most travelled shopping centers within 15-mile radius • High profile shopping center on Garnet Avenue in Pacific Beach • Rare, ample off-street parking in Pacific Beach • Co-tenants in the center include Union Bank, Vons, Petco, CVS Pharmacy, Jamba Juice, Dunkin Donuts, Jimmy John’s and others • Located on Pacific Beach’s major thoroughfare • Terrific opportunity to serve the heavy daytime population of this trade area • Great signage and visibility on Garnet Avenue • 38.5% more visits than Garnet Ave Shopping Center • 88.6% more visits than Pacific Beach Marketplace • 88% more visits per square foot than Pacific Beach Marketplace • 16.7% higher dwell time than Garnet Ave Shopping Center • Top 3% in terms of most travelled shopping centers within 15-mile radius • Much higher income demographic than Pacific Beach Marketplace ($200K income compared to $75-$100k income)

Market Context

This retail in San Diego, CA is listed for sale. It has been on the market for 195 days. Compare it against other retail listings for sale in San Diego, CA — view the full market.

As of Q4 2025, the San Diego retail market showed a 4.4% vacancy rate, average asking rents near $27.24/SF/yr, and cap rates around 5.8%. Source: multiple brokerage reports, Q4 2025.

Tight vacancy keeps competition for quality space elevated.

Retail market FAQ

What is the typical cap rate for retail in San Diego?
About 5.8% as of Q4 2025, per multiple brokerage reports.
Is the San Diego retail market tightening or softening?
Vacancy is around 4.4% (Q4 2025).

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