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Pep Boys 10041 Mission Gorge Rd 18,560 SF 100% Leased Retail Building Santee, CA 92071 $6,840,008 CAD ($368.53 CAD/SF)
INVESTMENT HIGHLIGHTS
- Great Cost/SF Basis
- Across the Street From Major Retailers Like Costco, Walmart, Trader Joe's, and More!
- Amazing Visibility in a Heavily Trafficked Retail Corrider
EXECUTIVE SUMMARY
- Zero landlord obligations – true passive income.
- Committed tenancy through 2033, with the ability for Pep Boys to remain until 2048.
- Rent growth locked in: scheduled increases at each option period.
- Underlying land value in a high-traffic San Diego County corridor ensures long-term security.
- Future repositioning upside: below-market lease creates optionality for investors seeking redevelopment or re-tenanting plays down the line.
- Committed tenancy through 2033, with the ability for Pep Boys to remain until 2048.
- Rent growth locked in: scheduled increases at each option period.
- Underlying land value in a high-traffic San Diego County corridor ensures long-term security.
- Future repositioning upside: below-market lease creates optionality for investors seeking redevelopment or re-tenanting plays down the line.
PROPERTY FACTS
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Freestanding
Building Size
18,560 SF
Building Class
C
Year Built
1998
Price
$6,840,008 CAD
Price Per SF
$368.53 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.25
Lot Size
1.70 AC
Zoning
Commercial - Open Space zoning
Parking
80 Spaces (1.35 Spaces per 1,000 SF Leased)
Frontage
187’ on Mission Gorge Rd
AMENITIES
- Signage
SPACE AVAILABILITY
- SPACE
- SIZE
- SPACE USE
- POSITION
- AVAILABLE
- A
- 8,300 SF
- Retail
- Outparcel
- 30 Days
| Space | Size | Space Use | Position | Available |
| A | 8,300 SF | Retail | Outparcel | 30 Days |
A
| Size |
| 8,300 SF |
| Space Use |
| Retail |
| Position |
| Outparcel |
| Available |
| 30 Days |
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 384-043-07 | Improvements Assessment | $2,490,432 CAD |
| Land Assessment | $2,134,656 CAD | Total Assessment | $4,625,088 CAD |
PROPERTY TAXES
Parcel Number
384-043-07
Land Assessment
$2,134,656 CAD
Improvements Assessment
$2,490,432 CAD
Total Assessment
$4,625,088 CAD
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Pep Boys | 10041 Mission Gorge Rd
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