About This Restaurant
Investment Highlights
Long-term Tenancy with 7-Eleven (initial Lease term signed 1977) Prime location in the Point Loma/Sports Arena submarket Stable rent with built-in increases Less than 1 mile from the Midway Rising Development
Executive Summary
Voit Real Estate Services is pleased to present the opportunity to acquire a stable, long-term investment property in San Diego, CA. The property is located in the prime Sports Arena/Point Loma district, nearby the highly anticipated Midway Rising Development - a plan that includes a new 16,000-seat stadium, 4,250 housing units, a multi-acre urban park and other mixed-use spaces.
Property Details
- Sale Type Investment NNN
- Property Type Retail
- Property Subtype Fast Food Fast Food General Retail Freestanding General Retail Restaurant General Retail Supermarket Fast Food
- Building Size 72
- Year Built/Renovated 1980/2022
- Price 2,121,000
- Price Per SF 29,458
- Cap Rate 6
- NOI 127,260
- Percent Leased 100
- Tenancy Multiple
- Building Height 1 Story
- Land Acres 0.47 AC
| Date Created: | 2024-07-16 04:09:23 | Last Updated: | 2024-07-16 04:09:23 |
| Address: | 4101-4111 W Point Loma Blvd, San Diego, California, | ||