CAA Facilitates Multi-Parcel Sale in San Diego for $3.37M

SAN DIEGO, CA (December 23, 2025) – Commercial Asset Advisors (CAA) is proud to announce the successful sale of a multi-parcel commercial property located at 3841–3855 39th Street & 3850–3864 40th St, San Diego, CA 92105, comprising one commercial building totaling 6,092 SF and 35,000 SF of land. The transaction closed for $3,374,250 on December 23, 2025.

The buyer, Standard Plumbing & Industrial Supply, was exclusively represented by CAA’s Mike Conger and James Burns. The acquisition required two simultaneous escrows across four parcels, supported by a creative financing structure involving an SBA loan for three parcels and a residential loan for the fourth.

 "We stayed focused on Standard Plumbing’s long-term goals and executed with precision," added James Burns, Sales Associate.

This transaction reflects CAA’s commitment to delivering strategic value and executional excellence, particularly in complex, non-standard deal structures.

For more information, or to request a complimentary property assessment, contact:

Mike Conger, CAA Principal – mike@caacre.com | DRE Lic. # 01381193

James Burns, Sales Associate – james@caacre.com | DRE Lic. # 02195104

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About Commercial Asset Advisors

Commercial Asset Advisors is a San Diego-based commercial real estate brokerage that specializes in serving the unique needs of individual private clients, as well as family offices, corporate, institutional, nonprofit and national organizations. As a full-service CRE firm, our team has assisted property owners from Central San Diego, North County, East County, South County and beyond to maximize the value of their investments including office, retail, industrial, apartment and multi—family, mixed-use projects, ground-up development tenant representation and much more. With experience earned through exceptional hard work, CAA has successfully completed over 1,500 sale and lease transactions totaling over $1.5 billion in consideration. CAA provides unmatched customer service and strategic advice in all areas, asset types, and transaction structures.