Updated Sep 3, 2025
John & Nick Small Acquire Retail Property On Garnet Avenue In San Diego For $4.4M
1200 Garnet Avenue
$4,400,000
$571/SF
Building Size
7,700 SF
Asset Type
Retail
Closing
Aug 13, 2025
About this deal
AI
The retail property located at 1200 Garnet Avenue in San Diego has a sale price of $4,400,000, with a total square footage of 7,700 and a price per square foot of $571.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $4,400,000
- Buyers: John & Nick Small
- Seller: Nan Bunnell
- Seller's Representative: Lev Mizan - Infinity Investment Properties
- Sale Date: 08/13/2025
- Closing Terms: All cash 30 day close
This transaction involved John & Nick Small purchasing the property from seller Nan Bunnell, with Lev Mizan representing the seller through Infinity Investment Properties in the deal.
Players
San Diego Retail Market Snapshot
Boundary boundary · Retail · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
3.61%
Cash-on-Cash
-1.03%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93