235 S 47th St - Service Station FOR SALE


San Diego, CA 92113- Lincoln Park
$6,485,249 USD
703-477-1315
235 S 47th St, San Diego, CA for Sale
$6,485,249 USD
Service Station - FOR SALE
1/8
null | 5% Cap Rate

235 S 47th St
San Diego, CA 92113
Lincoln Park


HIGHLIGHTS

  • Irreplaceable location with high barriers to entry for new gas competitors.
  • Operating history of 41 years.
  • Infill location with strong underlying intrinsic value.

OVERVIEW

CBRE is pleased to offer for sale the 1,092 SF United Pacific fuel and convenience store located on 0.45 acres in San Diego, CA - a component of the San Diego–Chula Vista–Carlsbad, CA MSA. The site is subject to a ±8.9-year absolute NNN lease with a rental increase of 7.50% in July 2029 and in each of the options (3 x 5-year options). BUSINESS IS NOT FOR SALE

FOR SALE DETAILS

PRICE

$6,485,249 USD

PRICE/SF

$5,247 USD /SF

CAP RATE

5%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

United Pacific: San Diego (47th St)

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Service Station

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1971

SPRINKLERS

-

PARKING SPACES

3

LAND DETAILS

LAND ACRES

0.45 AC

LAND SF

19,798 SF

ZONING

C

APN/PARCEL ID

547-460-08

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 Policy.