United Pacific: San Diego (47th St)
Retail | 5.75% CAP | 1,092 SqFt
Marketing description
CBRE is pleased to offer for sale the 1,092 SF United Pacific fuel and convenience store located on 0.45 acres in San Diego, CA - a component of the San Diego–Chula Vista–Carlsbad, CA MSA. The site is subject to a ±8.5-year absolute NNN lease with a rental increase of 7.50% in July 2029 and in each of the options (3 x 5-year options).
BUSINESS IS NOT FOR SALE
Investment highlights
ABSOLUTE NNN LEASE WITH INCREASES
The site is subject to a ±8.5-year absolute NNN lease with a 7.50% rent increase in 2029 and in each of the three 5-year renewal options.
HIGH BARRIERS TO ENTRY
Irreplaceable location with high barriers to entry for new gas competitors.
LONG-TERM OPERATING HISTORY
Operating history of 41 years.
INTRINSIC UNDERLYING VALUE
Infill location with strong underlying intrinsic value.
SAN DIEGO–CHULA VISTA–CARLSBAD, CA MSA
The San Diego–Chula Vista–Carlsbad, CA Metropolitan Statistical Area (MSA) is a vibrant and diverse region encompassing the entirety of San Diego County, making it a major economic and cultural hub in Southern California. Known for its near-perfect climate, stunning coastline, and a plethora of outdoor recreational opportunities, the MSA draws residents and tourists alike. The economy is fueled by a diverse range of industries, including defense, tourism, biotechnology, healthcare, and technology. From the bustling downtown of San Diego to the laid-back beach towns, the MSA offers a high quality of life and a wide array of experiences, making it a desirable place to live, work, and visit.
Listing Contacts
Valuation Calculator
Valuation Metrics
Map
Broker Selected Comps View More Comps
Property History
Similar Properties
Is there information that looks off?
