409 Euclid Ave - Fast Food FOR SALE


San Diego, CA 92114- Valencia Park
$2,935,000 USD
619-269-6076
409 Euclid Ave, San Diego, CA for Sale
$2,935,000 USD
Fast Food - FOR SALE
1/8
null | 4.6% Cap Rate

409 Euclid Ave
San Diego, CA 92114
Valencia Park


HIGHLIGHTS

  • 1st Jamba & Auntie Anne's Combo Drive-Thru in California
  • Single-Tenant NNN Lease with Virtually No Landlord Responsibilities - Tenant Responsible for Roof & Structure
  • Offering is Building + Land
  • Exceptional High-Traffic, Dense Infill Location Across from Busy Trolley & Bus Transit Station
  • Tenant Has ±30 Jamba Stores and is an Experienced Operator of Over 100 Carl’s Jr., Jamba and Dave’s Hot Chicken Restaurant Concepts
  • 600+ New Multi-Family Residential Units Planned or Underway Within a Half Mile of Property.

OVERVIEW

The subject offering is a new construction, single-tenant drive-thru building leased to Jamba & Auntie Anne’s— the first such dual branded drive-thru location in California.  The tenant recently opened for business and commenced a brand new 10-year lease with virtually no Landlord responsibilities. The property benefits from a signalized, hard-corner location with excellent visibility along the high-traffic Euclid Avenue corridor, as well as being situated directly across from a busy trolley and bus station.  Also adjacent to the property is a new El Pollo Loco and Verizon, as well as a high-volume Food 4 Less anchored shopping center with Starbucks, Wells Fargo, WingStop, Subway, and more across the street. The property is located in a densely populated submarket of San Diego that continues to see a significant amount of new multi-family, medical office, and other retail and cultural developments in the immediate area. There are 600+ new multi-family units planned or underway within a half mile of the property. The property is also one block from a brand new 65,000 SF County health facility.

FOR SALE DETAILS

PRICE

$2,935,000 USD

PRICE/SF

$1,631 USD /SF

CAP RATE

4.6%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Jamba & Auntie Anne's Combo Drive-Thru

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Fast Food

ADD'L SUBTYPES

Freestanding, Restaurant

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2025

SPRINKLERS

-

PARKING SPACES

11

LAND DETAILS

LAND ACRES

0.34 AC

LAND SF

14,972 SF

ZONING

C-6

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

Rob BloomDUHS CommercialMore Info
619-269-6076

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Rob BloomDUHS CommercialMore Info
619-269-6076

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