1004 S Santa Fe Ave - Fast Food FOR SALE


Vista, CA 92084
$3,444,000 USD
760-448-2449
1004 S Santa Fe Ave, Vista, CA for Sale
$3,444,000 USD
Fast Food - FOR SALE
1/12
null | 4.79% Cap Rate

1004 S Santa Fe Ave
Vista, CA 92084


HIGHLIGHTS

  • Sale-Leaseback New 15-Year Absolute-NNN Lease – Zero Landlord Responsibilities
  • Best-In-Class Tenant/Operator – One of the Largest Jack in the Box Operators in the Country (243 units)
  • Dense Infill Southern California Location – Real Estate Advantage – Less than 1 Mile from CA Highway 78 (139,000 VPD) On/Off Ramp
  • Highly Desirable North San Diego County Real Estate – Tier 1 Southern California Market

OVERVIEW

Lee & Associates is pleased to exclusively offer for sale the fee simple interest in a newly renovated Jack in the Box located at 1004 S. Santa Fe Avenue in Vista, California within North San Diego County. The standalone quick service restaurant totals approximately 2,343 square feet and sits on a 0.42 acre parcel with excellent visibility along S. Santa Fe Avenue, which carries over 21,000 vehicles per day. The property is located in a dense infill trade area less than one mile from Highway 78, a major east west corridor in North San Diego County with traffic counts exceeding 139,000 vehicles per day. The surrounding five mile radius includes nearly 244,000 residents with average household incomes above $140,000. Vista is a well established North County submarket supported by strong demographics, limited new retail supply, and high barriers to entry, making this offering a compelling long term passive investment in a first tier Southern California market.

FOR SALE DETAILS

PRICE

$3,444,000 USD

PRICE/SF

$1,470 USD /SF

CAP RATE

4.79%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Fast Food

ADD'L SUBTYPES

Freestanding, Restaurant

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1985

SPRINKLERS

-

PARKING SPACES

19

LAND DETAILS

LAND ACRES

0.42 AC

LAND SF

18,459 SF

ZONING

C-1

APN/PARCEL ID

179-080-57

ASK ABOUT THIS PROPERTY

Ryan BennettLee & AssociatesMore Info
760-448-2449

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Ryan BennettLee & AssociatesMore Info
760-448-2449

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.