STRONG 5.59% CAP Rate – Retail Lot In San Diego!
Hurry And Grab This Retail Lot With Long Term Stable Tenants In San Diego County – ONLY $1,999,000!
Complete A Buyer Agreement Or NDA For Complete Details!
- Primary Features
- Benefits
- Financials
- BIZ Analysis / Recommendations
- Presented Exclusively By
- Special BIZ Disclaimers
- BIZ VAULT
- Retail Corner Lot In San Diego Available!
- Fully Leased With Two Tenants!
- 7-Eleven & Coin Laundromat!
- Lot Size Is 17,267 Square Feet!
- Building Size Is 4,400 Square Feet!
- Expensive Improvements For Both Tenants!
- Minimizes Moved Out Risk!
- New 5-Year Lease Terms!
- This 7-Eleven Store Has Been In This Location For Over 35 Years!
- 7-Eleven Lease Just Commenced In September 2013!
- 7-Eleven Lease Expires In August 2018!
- 7-Eleven Lease Has Three 5-Year Options To Renew!
- 7-Eleven Current Base Rent Is $6,600 Per Month!
- The Laundromat Tenant Has Been In Operation For Over 20 Years!
- Laundromat New Lease Commencement In January 2014!
- Laundromat Lease Will Expires In December 2018!
- Laundromat Lease Has Three 5-Year Options To Renew!
- Ideal Demographics For Convenience Store & Laundromat!
- High Traffic Approximately 30,000 Cars Per Day!
- Great Access To Freeway!
- Two Miles From San Diego University!
- Major Retails Brands Nearby!
- Walmart, Target, Sam’s Club & 24 Fitness In the Vicinity!
- Rare Corner Location At Signalized Intersection!
- Multiple Tenancy!
- AA-Credit Tenant Convenience Store Gas Station!
- Extremely Long Term Stable Occupancy!
- Recession Proof Tenancies!
- Strong NNN Leases!
- Minimal Landlord Responsibilities!
- Fantastic Retail Location!
- High CAP Rate Over 5.5%!
- Great Price To Acquire A Low Risk Leasable Lot!
- Rare Find NNN Lease Investment Opportunity!
- Become A Retail Lot Owner Today!
- MUST SEE!
- Location: San Diego, CA
- Asking Price: $1,999,000
- Property Type: Retail
- No. Of Story: 1
- Occupancy 100%
- Annual Gross: Call Broker
- Net Operating Income: $111,762 [Year 1 Projection]
- Lot Size: 0.4 Acres
- Building Size 4,400 SF
- CAP Rate: 5.59%
Call Your Representative Today At 1-800-727-2100 Option 1 [Real Estate Department].
NOTE: No warranty [expressed or implied] is made as to the accuracy of the information contained herein. This information is submitted subject to Errors, Omissions, Change of Price, Rental or Other Conditions, including Withdrawal Without Notice, and is subject to any and all special listing conditions imposed by our Principals. Cooperating Brokers, Buyers, Tenants and/or Other Parties who review this document should not rely on it, but should use it as a starting point of analysis, and should independently confirm the accuracy of the information contained herein through a due diligence review of the books, records, files and documents that constitute reliable sources of the information described herein. BIZ Builder.Com and its President are Licensed Real Estate Brokers of the State of California [DRE License #01852885 and 01871760].
