2305 Sunset Cliffs Blvd - Freestanding FOR SALE


San Diego, CA 92107- Ocean Beach
$3,800,000 USD
703-477-1315
2305 Sunset Cliffs Blvd, San Diego, CA for Sale
$3,800,000 USD
Freestanding - FOR SALE
1/27
null | 5% Cap Rate

2305 Sunset Cliffs Blvd
San Diego, CA 92107
Ocean Beach


HIGHLIGHTS

  • Absolute NNN Lease with Increases
  • High Barriers to Entry
  • Long-Term Operating History
  • Intrinsic Underlying Value
  • San Diego-Chula Vista-Carlsbad, CA MSA Advantage

OVERVIEW

CBRE is pleased to offer for sale the 1,375-square-foot United Pacific gas station and convenience store positioned on 0.31 acres in San Diego, California. The site is subject to a ±8.7-year absolute NNN lease with a rental increase of 7.50% in July 2029 and in each of the three, 5-year renewal options. Business is not for sale

FOR SALE DETAILS

PRICE

$3,800,000 USD

PRICE/SF

$2,764 USD /SF

CAP RATE

5%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

United Pacific: San Diego, CA (Sunset Cliffs)

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1967

SPRINKLERS

-

PARKING SPACES

6

LAND DETAILS

LAND ACRES

0.31 AC

LAND SF

13,504 SF

ZONING

C-C-4-5, San Diego

APN/PARCEL ID

448-440-20

ASK ABOUT THIS PROPERTY

Thomas CarrCBREMore Info
703-477-1315

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Thomas CarrCBREMore Info
703-477-1315

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