750 Main St - Freestanding FOR SALE


Chula Vista, CA 91911
$3,667,000 USD
480-221-4221
750 Main St, Chula Vista, CA for Sale
$3,667,000 USD
Freestanding - FOR SALE
1/8
null | 4.5% Cap Rate

750 Main St
Chula Vista, CA 91911


HIGHLIGHTS

  • New, 10-Year Lease | Options To Extend | Scheduled Rental Increases
  • NN Lease | Fee Simple Ownership | Minimal Landlord Responsibilities
  • Part of New Retail Development | Interstate 805 (262,000 VPD) | New Housing Developments
  • Strong Demographics In The Immediate Trade Area

OVERVIEW

SRS National Net Lease is pleased to offer the opportunity to acquire the fee simple interest (land & building ownership) in a NN leased, Starbucks investment property located in Chula Vista, California. The tenant, Starbucks recently signed a brand new, 10-year lease with 4 (5-year) options to extend, demonstrating their commitment to the site. The lease features 10% rental increases every 5 years throughout the initial term and at the beginning of each option period, steadily growing NOI and hedging against inflation. The lease is NN with limited landlord responsibilities making it an ideal, low management investment opportunity for a passive investor.

FOR SALE DETAILS

PRICE

$3,667,000 USD

PRICE/SF

$1,653 USD /SF

CAP RATE

4.5%

% LEASED

-

TENANCY

Single

STATUS

Under Construction

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Starbucks | New 10yr Corp NN

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

ADD'L SUBTYPES

Fast Food, Restaurant

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2026

SPRINKLERS

-

PARKING SPACES

21

LAND DETAILS

LAND ACRES

1.15 AC

LAND SF

50,094 SF

ZONING

ILP

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

Patrick LutherSRS National Net LeaseMore Info
480-221-4221

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Patrick LutherSRS National Net LeaseMore Info
480-221-4221

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