Retail Strip Center Appraisal in San Diego

We just finished a commercial appraisal assignment of a retail strip center located in the Pacific Beach area of San Diego. The property is known as the Clock Tower Plaza and is located along Grand Avenue, a major commercial arterial, in Pacific Beach. The property totals 12,426 square feet and was constructed in 1988. The property is currently 42% occupied by mainly local tenants. The improvements are average quality and condition. This commercial appraisal was conducted for a national financial institution.