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SAN DIEGO NEWS
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Investor Pays over $400/sf for Five Guys Building in San Diego

5/07/20

A 4.5k sf retail building in San Diego’s Pacific Beach neighborhood sold for $1.9 mil ($422/sf). The building, located at 1020 Garnet Ave, is currently occupied by Five Guys.

Brian Pyke and Allison Campbell of Retail Insite represented the seller, Tanya Blane, and the unnamed buyer, who plans to reposition the building.

“Pacific Beach continues to evolve as a dynamic neighborhood and ideal location for investors in San Diego. Coastal pockets have historically been able to weather downturns better than other submarkets and I think PB will continue to be a great area to invest in.” said Pyke.





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