5495 La Jolla Blvd - Drug Store FOR SALE


La Jolla, CA 92037- Bird Rock
$11,125,160 USD
714-504-0262
5495 La Jolla Blvd, La Jolla, CA for Sale
$11,125,160 USD
Drug Store - FOR SALE
1/4
null | 5% Cap Rate

5495 La Jolla Blvd
La Jolla, CA 92037
Bird Rock


HIGHLIGHTS

  • Trophy net lease opportunity leased to CVS - the premier retail pharmacy chain in the US
  • Located just steps away from the world famous La Jolla beaches within the prestigious Bird Rock community
  • Corner Location - located at the corner of La Jolla Blvd. and Midway St. with tremendous visibility and access from both streets
  • Ideal 1031 Exchange Opportunity - ideal for a passive investor looking for stable cash flow with zero landlord maintenance obligations

OVERVIEW

New 5-Year Extension: Prime, Coastal Single Tenant CVS Investment Opportunity

FOR SALE DETAILS

PRICE

$11,125,160 USD

PRICE/SF

$935 USD /SF

CAP RATE

5%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

CVS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Drug Store

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2008

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.46 AC

LAND SF

20,088 SF

ZONING

LJPD-4

APN/PARCEL ID

357-611-01,357-611-02,357-611-03

ASK ABOUT THIS PROPERTY

Arthur FloresCBRE, Inc.More Info
714-504-0262

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Arthur FloresCBRE, Inc.More Info
714-504-0262

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