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406 Ninth Avenue
San Diego, CA 92101
Asking Price
$965K
Cap Rate
7.26%
Asset Type
Traditional Office Office
Class
Class B
What's Special
Spec Suite with Petco Park Views | 1,068 SF <ul><li>Prime location in Downtown San Diego’s vibrant urban core at the corner of 9th Avenue & J Street Directly across from Petco Park with stunning ballpark views</li><li>Walkable to top-tier restaurants, breweries, hotels, art galleries, and Petco Park</li><li>Modern lobby, stylish common areas, and elevator access</li><li>Excellent transit connectivity with nearby trolley, bus lines, and access to I-5, I-8, 94, 163, and 15</li></ul>
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NOI
$80,000
Cap Rate
8.29%
DSCR
1.40
Strong
Cash-on-Cash
7.84%
Monthly Payment
$4,774.293
Annual Cash Flow
$22,708.478
