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Marcus & Millichap Facilitates Sale Of Retail Center In San Diego For $2.9M

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SOLD
$2,900,000

California

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Retail4,673 SF
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SOLD

Marcus & Millichap Facilitates Sale Of Retail Center In San Diego For $2.9M

4200 Adams Avenue

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Retail4,673 SF
Sold
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Summary

CALIFORNIA
Asset Type:Retail
Price Per Square Foot:$620
Total Square Footage:4673 SF
Transaction Type:Sale

Adams Heritage Row is a retail center situated at 4200-04 Adams Avenue in San Diego, featuring a total area of 4,673 square feet. The property was sold for $2,900,000, translating to a price per square foot of $621. This retail center, built in 1935, includes established tenants such as Pappalecco Italian Café and The OAS Center, in addition to a seven-space parking lot.

Summary of transation details:

  • Property Type: Retail
  • Transaction Amount: $2,900,000
  • Address: 4200-04 Adams Avenue, San Diego
  • Square Footage: 4,673
  • Price Per Square Foot: $621
  • Seller: The Davis/Logan Family Trust
  • Brokers: Nicholas Totah & Ross Sanchez - Marcus & Millichap

The transaction was facilitated by Marcus & Millichap, representing the Davis/Logan Family Trust in the sale to an undisclosed buyer. The brokers involved, Nicholas Totah and Ross Sanchez, played a key role in the successful completion of this deal within the San Diego market.

Players

Nicholas (Nick) Totah
20 deals$137.6M volume(858) 373-3159
BROKER

Ross Sanchez
Marcus & Millichap
17 deals$123.6M volume
BROKER

Details

SOLD
IMAGE: Nicholas Totah & Ross Sanchez DATE: 11/04/2024 ADDRESS: 4200-04 Adams Avenue MARKET: San Diego ASSET TYPE: Retail SELLER: The Davis/Logan Family Trust BROKERS: Nicholas Totah (@Nick.Totah) & Ross Sanchez - Marcus & Millichap (@MarcusMillichapInc) SALE PRICE: $2,900,000 SF: 4,673 ~ PPSF: $621 NOTE: Marcus & Millichap has facilitated the $2.9 million sale of Adams Heritage Row, a 4,673-square-foot retail center in San Diego's Kensington neighborhood, from the Davis/Logan Family Trust to an undisclosed buyer. The property, built in 1935, includes tenants such as Pappalecco Italian Café and The OAS Center, along with a seven-space parking lot.

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