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6/26/24
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A 1.4k sf pad retail building on a 16.7k sf lot sold for $3.1 mil, or $2,214/sf. The property is in a coastal location at 1967 San Eijo Ave, adjacent to the Cardiff Seaside Market Center and directly across from San Elijo State Beach.
Situated in the coastal beach city of Cardiff by the Sea in North County San Diego, the property offers valuable exposure with immediate access to Highway 101. The building was formerly a Jack in the Box with more than 20 parking spaces surrounding the structure.
The buyer, Albatross LLC, purchased with intent to redevelop the property and occupy its business on site. CBRE’s Reg Kobzi, Michael Peterson, and Joel Wilson represented the seller, Calbay Development LLC.
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