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MAZDA DEALERSHIP & SERVICE CENTER | NNN 6999 Clairemont Mesa Blvd 28,444 SF Retail Building San Diego, CA 92111 $29,734,425 CAD ($1,045.37 CAD/SF) 5.31% Cap Rate
Investment Highlights
- Brand-New 2024 Construction – High-Quality, Purpose-Built Mazda Dealership with State-of-the-Art Design and Showroom Finishes.
- Trophy Location with Freeway Frontage – Premier Automotive Site at the Intersection of I-805 & Clairemont Mesa Blvd (196,000 VPD).
- Affluent Demographics – Average Household Income of $119,449 Supports a High-Spending Customer Base.
- 17+ Year Absolute NNN Lease (Zero Landlord Obligations) Featuring 10% Rental Increases Every 5 Years.
- Dense Trade Area – Over 317,000 Residents Within a 5-mile Radius, Providing Strong Consumer Demand and Consistent Traffic.
- Generational Automotive Investment – Long-Term Tenancy and Strategic Positioning in one of California’s Most Constrained, High-Barrier Markets.
Executive Summary
Brand-New 2024 Construction | Trophy San Diego Location with I-805 Freeway Frontage | 17+ Year NNN Lease | Premier San Diego Location Providing Outstanding Visibility, Freeway Frontage, and Maximum Exposure at the Highly Traveled Intersection of I-805 and Clairemont Mesa Boulevard
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Building Size
28,444 SF
Building Class
B
Year Built
2025
Price
$29,734,425 CAD
Price Per SF
$1,045.37 CAD
Cap Rate
5.31%
NOI
$1,579,001 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.16
Lot Size
4.20 AC
Zoning
EMX-2 - Commercial
Parking
180 Spaces (6.33 Spaces per 1,000 SF Leased)
Frontage
351’ on Clairemont Mesa Boulevard
Amenities
- Signage
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease Type
- Lease End
- Mazda Dealership & Service Center
- Retailer
- 28,444 SF
- -
- Triple Net
- Apr 2043
| Tenant | Industry | SF Occupied | Rent/SF | Lease Type | Lease End | |
| Mazda Dealership & Service Center | Retailer | 28,444 SF | - | Triple Net | Apr 2043 |
Fairly walkable
50/100
Exceptionally drivable
100/100
Limited public transit
20/100
Fairly bikeable
40/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 356-081-39 | Improvements Assessment | $4,101,300 CAD |
| Land Assessment | $14,221,265 CAD | Total Assessment | $18,322,565 CAD |
Property Taxes
Parcel Number
356-081-39
Land Assessment
$14,221,265 CAD
Improvements Assessment
$4,101,300 CAD
Total Assessment
$18,322,565 CAD
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MAZDA DEALERSHIP & SERVICE CENTER | NNN | 6999 Clairemont Mesa Blvd
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