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United Pacific: San Diego, CA (Sunset Cliffs) 2305 Sunset Cliffs Blvd 1,375 SF Retail Building San Diego, CA 92107 $5,237,654 CAD ($3,809.20 CAD/SF) 5% Cap Rate



INVESTMENT HIGHLIGHTS
- Absolute NNN Lease with Increases
- Long-Term Operating History
- San Diego-Chula Vista-Carlsbad, CA MSA Advantage
- High Barriers to Entry
- Intrinsic Underlying Value
EXECUTIVE SUMMARY
CBRE is pleased to offer for sale the 1,375-square-foot United Pacific gas station and convenience store positioned on 0.31 acres in San Diego, California. The site is subject to a ±8.7-year absolute NNN lease with a rental increase of 7.50% in July 2029 and in each of the three, 5-year renewal options.
Business is not for sale
Business is not for sale
PROPERTY FACTS
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Freestanding
Building Size
1,375 SF
Building Class
C
Year Built
1967
Price
$5,237,654 CAD
Price Per SF
$3,809.20 CAD
Cap Rate
5%
NOI
$261,883 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.10
Lot Size
0.31 AC
Zoning
C-C-4-5, San Diego
Parking
6 Spaces (4.36 Spaces per 1,000 SF Leased)
Frontage
AMENITIES
- Signalized Intersection
Walk Score®
Very Walkable (82)
Bike Score®
Biker's Paradise (97)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 448-440-20 | Improvements Assessment | $685,623 CAD |
| Land Assessment | $3,011,431 CAD | Total Assessment | $3,697,053 CAD |
PROPERTY TAXES
Parcel Number
448-440-20
Land Assessment
$3,011,431 CAD
Improvements Assessment
$685,623 CAD
Total Assessment
$3,697,053 CAD
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United Pacific: San Diego, CA (Sunset Cliffs) | 2305 Sunset Cliffs Blvd
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