Retail Business for Sale in San Diego, CA

  • Price: Contact for price
  • Listing type: For sale
  • Asset type: Retail Business
  • Location: San Diego, CA 92111

Description

Exclusive Investment Offering Marcus & Millichap is proud to present the Mazda Dealership in San Diego, California — a brand-new 2024 construction situated on a ±4.20-acre parcel at the highly visible intersection of Interstate 805 and Clairemont Mesa Boulevard. This premier asset represents a trophy-quality, generational investment opportunity to acquire an absolute NNN automotive dealership in one of Southern California’s most desirable and supply-constrained infill markets. Exceptional Lease and Tenant Strength The property is leased to Hello Auto Holdings, operating as a Mazda dealership under a 17+ year absolute net lease with zero landlord responsibilities and 10% rent escalations every five years. The lease includes a personal guarantee from Hello Auto’s founding principals, providing additional security and financial strength from a proven, multi-state automotive operator. Premier Location and Market Fundamentals Positioned at the gateway to San Diego’s Kearny Mesa and Clairemont trade areas, the dealership enjoys outstanding visibility, strong daytime demographics, and average household incomes exceeding $118,000 within one mile. The property is surrounded by major retailers, healthcare facilities, and complementary automotive users, drawing consistent consumer traffic from both Interstate 805 and Clairemont Mesa Boulevard, which together carry over 196,000 vehicles daily. Investment Highlights With brand-new construction, a long-term absolute NNN lease, and a financially strong tenant, this offering provides investors a truly passive, income-secure asset positioned for long-term growth and stability in the heart of San Diego’s premier automotive corridor. Investment Highlights: • Brand-New 2024 Construction – High-Quality, Purpose-Built Mazda Dealership with State-of-the-Art Design and Showroom Finishes. • 17 Year NNN Lease (Minimal Landlord Obligations) Featuring 10% Rental Increases Every 5 Years. • Trophy Location with Freeway Frontage – Premier Automo

Market Context

This retail in San Diego, CA is listed for sale. It is offered at an approximate 5.3% capitalization rate, a key benchmark for income-producing retail assets. It has been on the market for 68 days. Compare it against other retail listings for sale in San Diego, CA — <a href="/search/sale/retail/california/san-diego">view the full market</a>.

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: Consensus Q4 2025 market report.

Its 5.3% asking cap rate is below the San Diego retail market average of about 5.8%, reflecting premium pricing relative to comparable assets. Tight vacancy keeps competition for quality space elevated.

Retail market FAQ

What is the typical cap rate for retail in San Diego?
About 5.8% as of Q4 2025, per Consensus.
Is the San Diego retail market tightening or softening?
Vacancy is around 4.4% (Q4 2025).

Unified Estimate

Medium Confidence

$23.15/SF – $31.33/SF

Mid: $27.24/SF

Rate estimator only; cost-of-business estimate unavailable.

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