San Diego Commercial Real Estate

Written by Helen Glenn Court
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Given the health of the city of San Diego commercial real estate is a good opportunity for the serious investor or businessman. With a year-round temperate climate, world-famous surfing beaches, scores of cultural activities and a population of nearly three million, greater San Diego offers something for everyone. Claimed by the Spanish in 1542, named in 1602, settled in 1769, and ceded by Mexico to the United States in 1847, the area is rich in history and character. One of the earlier real estate speculators, one Alonzo Erastus Horton from San Francisco, remarked in 1867, "This is just the prettiest place for a city that I ever saw!"

San Diego Commercial Real Estate Opportunities

San Diego has a healthy economy and growth rate--red hot for at least the past five years, in fact. Types of San Diego commercial real estate include apartment buildings--remember that some 35 percent of the population lives in multi-unit buildings. That's only the beginning, of course. Commercial real estate listings also include retail properties, triple net leased properties, land, and industrial real estate.

A few warnings are worthwhile, only because real estate has become so in demand in the past five years. To protect yourself, remember the broker's adage about not buying the nicest house on the block. Act on it. Buy property that can be had for under market prices. Do a little research beforehand to make sure that what you're eyeing has solid, long-term property value.

Maybe you're involved in a 1031 exchange--those involving purely business or investment properties and thus free from gain or loss at tax time. Maybe you're thinking about buying a NNN property (triple net leased). San Diego's NNN single tenant companies include Eckerds, Walgreens, Home Depot, Hollywood Video, and CVS. San Diego commercial real estate is worth taking advantage of!

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