Michael Burton 8588754685
Pasquale Ioele 8588754665

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

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

Total Building Size	8,905 SF	Typical Floor Size	8,905 SF
Property Type	Retail (Condo)	Year Built	1993
Property Subtype	Restaurant General Retail Bar General Retail Fast Food General Retail Storefront	Tenancy	Single
Building Class	A	Lot Size	0.20 AC
Floors	1	Parking Ratio	9.1/1,000 SF
Zoning	C-1 - Commercial

Total Building Size	8,905 SF
Property Type	Retail (Condo)
Property Subtype	Restaurant General Retail Bar General Retail Fast Food General Retail Storefront
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
Zoning	C-1 - Commercial

Metro/Subway
Restaurant
Signage

Air Conditioning
Balcony

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)

TRAFFIC

COLLECTION STREET	CROSS STREET	TRAFFIC VOLUME	YEAR	Distance
2nd Avenue	J St, SE	18,946	2025	0.03 mi
Harbor Dr	E Harbor Dr, SE	17,811	2025	0.09 mi
1st Ave	W Island Ave, N	4,875	2025	0.09 mi
4th Ave	Island Ave, N	4,916	2025	0.11 mi
W Harbor Dr	Front St, NW	15,735	2025	0.12 mi
W Island Ave	Front St, W	3,103	2025	0.13 mi
Front St	W Island Ave, N	3,115	2025	0.14 mi
5th Ave	J St, N	7,427	2025	0.14 mi
Market St	2nd Ave, W	15,003	2025	0.16 mi
1st Ave	Market St, N	5,074	2025	0.16 mi