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Investment Highlights

  • National Credit Tenants | Long-Term Lease Commitments | Options To Extend
  • Adjacent to Fitness Anchor | Near Regional Power Center | Strong Retail Synergy
  • Affluent Demographics In 5-Mile Trade Area
  • Multi-Tenant Investment | NNN Leases | 100% Leased
  • High-Density Trade Area | Exceptional Connectivity

Executive Summary

SRS National Net Lease is pleased to offer the opportunity to acquire the fee simple interest (land & building ownership) in San Diego Marketplace, a 100% leased, multi-tenant community shopping center located at 1745–1765 Euclid Avenue in San Diego, California. The property features a stable rent roll with national credit tenants including dd’s Discounts and Dollar Tree, both of which have occupied the space at the center since 2013 - demonstrating long-term commitment. Additionally, the property includes out-parcels leased to Rent-A-Center (5 years remaining) and Valvoline (14 years remaining). This income-producing asset offers an attractive blend of essential service and value retail tenancy, supported by long-term NNN leases and minimal expense leakage—making it a strong, passive investment opportunity in a high-demand Southern California market.
Strategically located near the signalized intersection of Euclid Ave (28,300 VPD) and Federal Boulevard (9,200 VPD), and just one mile from State Highway 94 (160,500 VPD), the property benefits from exceptional visibility and accessibility. San Diego Marketplace is adjacent to a Planet Fitness and just two miles from College Grove Center—a 624,000 square foot regional power center anchored by Target and Sam’s Club. The property is centrally located within the San Diego metro, offering proximity to major demand drivers including San Diego State University (3.6 miles), Downtown San Diego and Balboa Park (4.0 miles), Mission Valley (5.1 miles), and San Diego International Airport (6.0 miles). The five-mile trade area is dense and affluent, with over 664,000 residents, an average household income of $111,158, and a daytime employment population exceeding 313,000—providing a strong foundation for sustained tenant performance and long-term rent growth.

Property Facts

Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Shopfront
Property Size
70,721 sq ft
Costar Property Class
C
Year Built/Renovated
1957/2013
Price
£11,357,267
Price per sq ft
£160.59
Yield
6.66%
NOI
£756,281
Occupancy Rate
100%
Tenancy
Multiple
Number of Floors
1
Plot ratio
0.32
Total Plot Size
5.07 ac
Use Class
CC-2-3
Parking
247 Spaces (3.49 Spaces per 1,000 sq ft Leased)
Frontage
541 ft on Euclid Ave

Amenities

  • Pylon Sign
  • Signage
  • Signalised Intersection

Major Tenants

  • Tenant
  • Industry
  • sq ft Occupied
  • Rent/sq ft
  • Lease Type
  • Lease End
  • Retailer
  • 21,115 sq ft
  • -
  • NNN
  • Jan 2029

dd’s Discounts is an off-price retail chain specializing in affordable apparel, footwear, and home merchandise. The brand was launched in 2004 as part of Ross Stores, Inc., targeting customers seeking moderately priced products at significant discounts. dd’s Discounts operates under the same off-price model as Ross Dress for Less but focuses on neighborhood-based locations and value-driven assortments. The company offers clothing for men, women, and children, along with home décor, toys, and seasonal items. Headquartered in Dublin, California, dd’s Discounts is a subsidiary of Ross Stores, Inc., which trades publicly on NASDAQ under the ticker symbol ROST. The chain has expanded steadily since inception and continues to grow across the United States.

  • Retailer
  • 11,159 sq ft
  • -
  • NNN
  • Jun 2038

Dollar Tree started when Macon Brock, Doug Perry, and Ray Compton opened the first only dollar store in Georgia. The company expanded rapidly through the 1990s, acquiring competitors like Dollar Bill and Clearance Centers. In 2015, Dollar Tree merged with Family Dollar, creating a retail giant with thousands of locations across North America. Today, the company operates both Dollar Tree and Family Dollar stores that sell everything from household goods to frozen foods. Dollar Tree emphasizes value and convenience in all its product offerings.

  • FAM MART
  • Retailer
  • 30,094 sq ft
  • -
  • NNN
  • Nov 2029
  • Rent-A-Center
  • Retailer
  • 5,736 sq ft
  • -
  • NNN
  • Feb 2030
  • Valvoline
  • Retailer
  • 2,617 sq ft
  • -
  • NNN
  • Nov 2039
Tenant Industry sq ft Occupied Rent/sq ft Lease Type Lease End
Retailer 21,115 sq ft - NNN Jan 2029
Retailer 11,159 sq ft - NNN Jun 2038
FAM MART Retailer 30,094 sq ft - NNN Nov 2029
Rent-A-Center Retailer 5,736 sq ft - NNN Feb 2030
Valvoline Retailer 2,617 sq ft - NNN Nov 2039
Fairly walkable
40/100
Exceptionally drivable
100/100
Some public transit
40/100
Fairly bikeable
40/100

Nearby Major Retailers

Planet Fitness
U.S. Bank
Rent-A-Center

Property Taxes

Property Taxes

Parcel Number
542-310-01
Land Assessment
£6,269,349
Improvements Assessment
£3,375,803
Total Assessment
£9,645,153
  • Listing ID: 37789327

  • Date on Market: 23/09/2025

  • Last Updated:

  • Address: 1745-1765 Euclid Ave, San Diego, CA 92105

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