Investment Highlights
The property is located 1 mile from San Diego State University with a student and faculty population of ?40,000.
Unique opportunity to take advantage of the Complete Communities Program which has a 6.5 FAR.
Easy access to I-8, hospitals and regional destinations.
The property was a former McDonald?s restaurant building with a drive-thru on it, that was subsequently converted to a Yoshinoya (which also closed).
Numerous amenities within this walkable College Area with grocery store, restaurants and entertainment. Walking score of 84.
Executive Summary
Three Possibilities: High Density Multi-Family, NNN Lease Investment Opportunity, 2nd Generation Restaurant Owner/User.Flocke & Avoyer Commercial Real Estate is pleased to present a high-density multi-family development opportunity located in a prime location in the College Area of San Diego.? The property is located 1 mile from San Diego State University with a student and faculty population of ?40,000.? The property was a former McDonald?s restaurant building with a drive-thru on it, that was subsequently converted to a Yoshinoya (which also closed). The underlying ground lease from McDonald?s expires in 2026. ? Unique opportunity to take advantage of the Complete Communities Program which has a 6.5 FAR.? Numerous amenities within this walkable College Area with grocery store, restaurants and entertainment. Walking score of 84.? El Cajon Boulevard is on the MTS Rapid Bus Service Corridor. This provides a direct, one-seat ride between SDSU and Downtown San Diego via El Cajon Boulevard and Park Boulevard, traveling through City Heights and the North Park communities and connection to Downtown and Balboa Park. Also close to the SDSU Trolley Transit Station.? Easy access to I-8, hospitals and regional destinations.
