Just Sold Commercial Property Retail in San Diego on University Ave by Palm Tree Properties

Just Sold! Fully Leased San Diego Retail Center in High-Traffic College Area Corridor

Palm Tree Properties is proud to announce the successful sale of the multi-tenant retail strip center located at 6110-26 University Avenue in San Diego, CA. This asset was acquired in an all-cash transaction for $2,200,000 on June 11, 2025.

Sale Price: $2,200,000

Price Per Sq. Ft: $293 | Closed: June 11, 2025

About the Property

This ±7,560 square foot retail center, situated on a 0.42-acre lot, represents a significant investment opportunity in one of San Diego’s most dynamic neighborhoods. A key feature of this property is that it was fully leased at the time of sale, providing immediate and stable cash flow for the new owner. The center’s composition of multiple tenants diversifies the revenue stream and mitigates vacancy risk, making it a resilient commercial asset. Its structure and location are ideal for continued success in a high-demand retail environment.

Why This Location?

Strategically positioned at the bustling corner of University and College Avenue, the property boasts prime visibility and benefits from exceptionally high vehicle and foot traffic. Its location just one mile from San Diego State University (SDSU) places it at the heart of a vibrant community of students, faculty, and local residents.

The College Area is a dynamic commercial hub that directly serves the large and consistent consumer base from the university. Proximity to SDSU ensures a steady flow of customers and supports strong demand for retail services, from dining to everyday needs. This strategic positioning in a key San Diego corridor underpins the property’s long-term value and potential for appreciation.

Palm Tree Properties: Your Trusted Your Trusted Real Estate Experts

Palm Tree Properties represented the seller in this successful transaction, showcasing our expertise in marketing and closing significant commercial assets. We take pride in helping buyers and sellers navigate San Diego’s competitive real estate market. Whether you’re searching for your next investment, looking to acquire a strategic property, or aiming to list your commercial asset, our team is here to make the process smooth and successful.

Broker: Erik Egelko

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