Tuesday, October 21, 2014

San Ysidro Swap Meet for Sale

san ysidro swap meetThe San Ysidro Swap Meet, at 2388 Via Segundo in San Ysidro, CA, is for sale. The property was developed in the mid 1980s, and has been operating as an indoor swap meet for more than 22 years. It comes complete with more than 100 vendors in place. The swap meet currently functions five days a week, Wednesday through Sunday, with long established vendors selling consumer goods. It is located in the southwest corner of San Diego County, less than two miles from the U.S.-Mexico border crossing, an area known for a wide variety of retail activities.

The San Ysidro Swap Meet is one of the major destinations for customers from both sides of the border. “It’s an interesting opportunity for owners, users, developers and investors to buy an indoor swap meet property located near the busiest U.S. border crossing with Mexico,” states Rick Hardy, senior advisor with Sperry Van Ness Finest City Commercial. With the 15 year long expansion project almost complete, the expectation of increased cross border retail commerce is significant and is targeted be a significant boost to activity in this already busy area.

san ysidro swap meet sign“People come over the border to buy new goods from the vendors,” Hardy shares. ”It’s really more like a wholesale/retail outlet, than a traditional swap meet.” Hardy recently signed a new “anchor vendor,” who has 10 retail outlets and a huge online operation, to one of the two building.  ”He wants to co-market the swap meet to drive buyers in from both sides of the border.”

The swap meet is in a small industrial park near the center of a cluster of retail/commercial buildings, and  is listed at a sales price of $5,199,000. Built in 1986, it comprises 74,688 square feet on 4.04 acres. The “Power Play” for this deal, Hardy notes, is to purchase the adjacent land and building available for sale and assemble all to create the greatest opportunity.

For more information:

Rick Hardy, senior advisor
Sperry Van Ness Finest City Commercial
4849 Ronson Ct., Suite 216
San Diego, CA 92111
Tel.: 619-890-7425 or 858-452-9100
Email: Rick.Hardy@svn.com
Website: www.svnfinestcity.com

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