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409 EUCLID AVE San Diego CA 92114

[Locked] • APN 548-051-18-00

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Details
Property Type Retail
Sub Type QSR/Fast Food, Restaurant
Building SqFt 1,800
Sold Date ******
Sold Price ******
Sold Price/SqFt ******
Year Built 2025
Sale NOI ******
Sale Cap Rate ******
Lease Type ******
Lease Term ******
Remaining Term ******
Lease Expiration ******
Days on Market ******
APN 548-051-18-00
Latitude 32.7089

Property History

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Property Type
Property Type
Retail
Property Subtype
QSR/Fast Food, Restaurant
Asking Details
Asking Cap Rate
******
Marketing Description

The subject offering is a new construction, single-tenant drive-thru building leased to Jamba & Auntie Anne’s— the first such dual branded drive-thru location in California. The tenant recently opened for business and commenced a brand new 10-year lease with virtually no Landlord responsibilities.

The property benefits from a signalized, hard-corner location with excellent visibility along the high-traffic Euclid Avenue corridor, as well as being situated directly across from a busy trolley and bus station. Also adjacent to the property is a new El Pollo Loco and Verizon, as well as a high-volume Food 4 Less anchored shopping center with Starbucks, Wells Fargo, WingStop, Subway, and more across the street.

The property is located in a densely populated submarket of San Diego that continues to see a significant amount of new multi-family, medical office, and other retail and cultural developments in the immediate area. There are 600+ new multi-family units planned or underway within a half mile of the property. The property is also one block from a brand new 65,000 SF County health facility.

Investment Highlights
  • Single-Tenant NNN Lease with Virtually No Landlord Responsibilities - Tenant Responsible for Roof & Structure

  • Offering is Building + Land

  • Tenant Has ±30 Jamba Stores and is an Experienced Operator of Over 100 Carl’s Jr., Jamba and Dave’s Hot Chicken Restaurant Concepts.

  • Exceptional High-Traffic, Dense Infill Location Across from Busy Trolley & Bus Transit Station.

  • Dynamic Neighborhood that is Experiencing a Tremendous Amount of New Medical, Commercial and Multi-Family Residential Developments.

  • 600+ New Multi-Family Residential Units Planned or Underway Within a Half Mile of Property.

  • Across the Street from Market Street Plaza— an 81,000 SF Shopping Center Anchored by Food 4 Less, Starbucks, Wells Fargo, WingStop, and More.

  • Immediately Adjacent to the New $79M, 65,000 SF County Health Facility with an Estimated 238 Employees.

Loan History

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Financial History

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****** Data
Net Operating Income
******
Reporting Date
******

Tax History

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Contact Information

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Ownership Information

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Property Details

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There are no additional details for this property

Contacts

Sold on
 BY:
RB
Rob Bloom PRO
•••.•••.5342
rob@••••••••••••••.com
Brokerage logo
Sold on
 BY:
AD
Austin Dias
•••.•••.6077
••stin@••••••••••••••.com
Brokerage logo

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