3650 Adams Ave
Price
Price on request
Description
Landmark Corner Location CBRE is pleased to present 3650 Adams Avenue, a landmark corner site along San Diego’s vibrant Adams Avenue corridor. Situated between the highly desirable neighborhoods of Kensington and Normal Heights, the property offers exceptional visibility, walkability, and direct freeway access to I-15 and I-8. Uptown, North Park, and Mission Valley are all just minutes away, positioning the site within the heart of San Diego’s central urban core. The site’s existing improvements and high-profile corner exposure position it as an attractive large-format or big box retail leasing opportunity with on-site parking in an infill location. Its location along one of San Diego’s most eclectic commercial corridors provides retailers with unmatched visibility and access to a dense and diverse customer base. With its scale, location, and flexibility, 3650 Adams Avenue represents one of the last remaining large-format infill opportunities in San Diego—offering users the ability to unlock significant value through immediate retail activation that offers its own 108 on-site parking spaces.
Property description as provided by the listing source. PropZone adds independent market context, valuation estimates, and comparable listings.
Market Context
As of Q4 2025, the San Diego retail market showed a 4.4% vacancy rate, average asking rents near $27.24/SF/yr, and cap rates around 5.8%. Source: multiple brokerages Q4 2025 market report.
Projected current pricing
low confidenceModeled estimate (income approach) shown as a range — not an appraisal. Projected asking rent × occupancy × net-operating-income margin band ÷ market cap rate, from Q1 2026 Cushman & Wakefield data (cap rate 5.8%, asking rent trend-adjusted to today).
Tight vacancy keeps competition for quality space elevated.
Compare it against other retail listings for sale in San Diego, CA to benchmark pricing and space — view the full market.
Retail market FAQ
- What is the typical cap rate for retail in San Diego?
- About 5.8% as of Q4 2025, per multiple brokerages.
- Is the San Diego retail market tightening or softening?
- Vacancy is around 4.4% (Q4 2025).
Unified Estimate
Medium ConfidenceRate estimator only; cost-of-business estimate unavailable.
Sale Price History
Market report quarterly trend fallback
- Avg Rent ($/SF/yr) (market data)
- Vacancy %
Investment Analysis
Beta Feature: Investment Analysis is currently in beta testing. Metrics are calculated based on available financial data and market comparables. Results are for informational purposes and should not be considered financial advice. Verify all assumptions and consult with a financial advisor before making investment decisions.
Financing Assumptions
Insufficient financial data for full analysis. Add more financial fields to improve metric coverage.
Market Employment Trend
December 2025 • Source: BLS QCEW
Economic Indicators
Source: FRED
Market Demographics
Census ACS 20242024 American Community Survey 5-Year Estimates •Released annually by U.S. Census Bureau
Assumptions
- Interest rate: 6.47% (FRED live)
- Loan term: 25 years
- Down payment: 25.0%
- Market comparison: retail in san diego, CA
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