San Diego, CA, May 16, 2023 – Colliers has announced the successful sale of a multi-tenant automotive property in San Diego. Evan McDonald, SIOR, and Garret Epple from Colliers represented the seller in the transaction.
The property, known as Miramar Auto Center, sold for $9,910,000. Located at 6690-6696 Miramar Road in San Diego, California, the multi-tenant center encompasses two separate parcels totaling over 2.04 acres of land on a corner lot, which includes over 34,015 square feet of industrial and automotive space. Positioned in the heart of Central San Diego with excellent street visibility, Miramar Auto Center fronts highly trafficked Miramar Road, with 53,633 cars passing daily.
“The sale of Miramar Auto Center underscores the continued strength and appeal of San Diego’s industrial market,” said Evan McDonald, SIOR, from Colliers. “We were proud to represent the seller in this transaction and showcase the exclusive features of this property, including its prime location, high traffic count, strong tenant mix, and unique community culture. The sale demonstrates investor’s confidence in the opportunities available in San Diego and Colliers’ ability to deliver exceptional results for our clients.”