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285 J St - MORTON'S THE STEAKHOUSE (LANDRY'S)

8,905 SF Retail Condo Unit Offered at $6,885,000 in San Diego, CA 92101

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INVESTMENT HIGHLIGHTS

Trophy Urban Infill High Quality Condo Investment - Strong Sales w/ Year-Over-Year Increases. 29+Yr Historical Occupancy w/ Multiple Lease Extensions.
Dynamic Location in the Heart of San Diego - Ultra High Barrier to Entry Location.
Across the Street from the Convention Center, Featuring 100+ Events and 736k+ Visitors Annually, Generating $1.4 Billion in Regional Economic Impact.

Ample Designated Parking for Employees and Customers. Features Valet and Street Entrance for Seamless Access.
Ideally Surrounded by Hotels, Numerous New Luxury Multifamily Complexes, Offices, Businesses, Shops and Entertainment Destinations.
Located at the Bottom Floor of a Twin 20-Story Luxury High-Rise Development, the Harbor Club - Downtown’s First Luxury Residential Towers Featuring.

PROPERTY FACTS

Price	$6,885,000	Building Class	A
Unit Size	8,905 SF	Floors	1
No. Units	1	Typical Floor Size	8,905 SF
Total Building Size	8,905 SF	Year Built	1993
Property Type	Retail (Condo)	Tenancy	Single
Property Subtype	Restaurant General Retail Bar General Retail Fast Food General Retail Storefront	Lot Size	0.20 AC
Sale Type	Investment NNN	Parking Ratio	9.1/1,000 SF

Price	$6,885,000
Unit Size	8,905 SF
No. Units	1
Total Building Size	8,905 SF
Property Type	Retail (Condo)
Property Subtype	Restaurant General Retail Bar General Retail Fast Food General Retail Storefront
Sale Type	Investment NNN
Building Class	A
Floors	1
Typical Floor Size	8,905 SF
Year Built	1993
Tenancy	Single
Lot Size	0.20 AC
Parking Ratio	9.1/1,000 SF

1 UNIT AVAILABLE

Unit 285

Unit Size	8,905 SF	Sale Type	Investment
Price	$6,885,000	Cap Rate	6.50%
Price Per SF	$773.16	NOI	$447,397
Condo Use	Retail

Unit Size	8,905 SF
Price	$6,885,000
Price Per SF	$773.16
Condo Use	Retail
Sale Type	Investment
Cap Rate	6.50%
NOI	$447,397

SALE NOTES

Recent Lease Extension - 29+ Year Historical Occupancy | Irreplaceable Urban Real Estate | Located in the Heart of the Dynamic Downtown San Diego’s Marina District | Base of the Harbor Club - One of San Diego’s most sought-after Luxury High-Rises | Extremely Dense San Diego Submarket | Across from the Convention Center | Walking Distance from the Gaslamp Quarter (10M+ Annual Visitors) & Petco Park - Home of the San Diego Padres (3.3M+ Annual Attendees)