3352 Adams Ave - Freestanding FOR SALE


San Diego, CA 92116- Adams North
$1,700,000 USD
619-994-2817
3352 Adams Ave, San Diego, CA for Sale
$1,700,000 USD
Freestanding - FOR SALE
1/15
null | 5.15% Cap Rate

3352 Adams Ave
San Diego, CA 92116
Adams North


HIGHLIGHTS

  • HIGH TRAFFIC | EXCELLENT VISIBILITY
  • NNN SINGLE TENANT | STARBUCKS CORPORATE LEASE

OVERVIEW

CBRE is proud to present an exceptional investment opportunity at 3352 Adams Ave, located in the desirable Normal Heights neighborhood of San Diego. This Starbucks leased freestanding building, offers a prime location on a signalized corner along the bustling Adams Ave corridor, ensuring high visibility and heavy foot traffic. The property benefits from its proximity to vibrant local amenities and a diverse community, making it an attractive destination for both residents and visitors. With Starbucks, the global leader in coffee sales, as your tenant, this asset is positioned for stable cash flow, making it an attractive addition to any investment portfolio. Established Brand: NNN cooperate leased to Starbucks, a globally recognized brand with a loyal customer following. Largest coffeehouse chain globally with ±38,000 stores in 86 countries. One of the “World’s Most Admired Companies” by Fortune (2009-2023) Growth Area: Normal Heights is experiencing ongoing development and revitalization, enhancing property values and demand for retail space. Seasoned Tenant / Long Term Lease: The tenant has been in this location since 2007 and has options to extend the lease until 8/31/2052.

FOR SALE DETAILS

PRICE

$1,700,000 USD

PRICE/SF

$596 USD /SF

CAP RATE

5.15%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1930

SPRINKLERS

-

PARKING SPACES

8

LAND DETAILS

LAND ACRES

0.15 AC

LAND SF

6,460 SF

ZONING

CUPD-CT-3-3

APN/PARCEL ID

439-401-14

ASK ABOUT THIS PROPERTY

Reg KobziCBRE, Inc.More Info
619-994-2817

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Reg KobziCBRE, Inc.More Info
619-994-2817

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