$13,250,000
Midway Retail Center
Details
Property Type Retail
Sub Type QSR/Fast Food, Restaurant
Square Footage 33,406
Net Rentable (SqFt) 33,406
Units 22
Cap Rate 5.13%
NOI $679,885
Occupancy 93%
Tenancy Multi
Brand/Tenant Taco Bell, Popeyes
Lease Type NNN
Pro-Forma Cap Rate 6.00%
Pro-Forma NOI $801,166
Price per SqFt $397
Year Built 1985
Year Renovated 2018
Lot Size (SqFt) 73,616
Zoning CC-1-3
Parking Spaces 90 spaces
Parking Per SqFt 2.69
Investment Type Core
Ground Lease No
High Traffic Retail Center Near Midway Rising
Marketing description
BridgePoint Realty, Inc. is proud to present Midway Commercial Center, a prominent multi-tenant retail and office offering strategically positioned along Midway Drive within one of San Diego’s most established commercial corridors. Situated on an expansive 73,616 SF parcel, the property encompasses approximately 33,406 gross square feet across four standalone buildings. Midway Commercial Center features a dynamic and complementary tenant mix anchored by national brands, stable daily-needs retail, high-traffic dining concepts, and essential service-oriented businesses, all serving a dense surrounding population and a strong, continuously active regional trade area.
Call/text listing agent, Alex Kohl
(858)735-2652
Investment highlights
- Prime Midway Drive frontage with 25,900+ daily traffic and exceptional regional accessibility.
- Positioned near the transformative $4B Midway Rising redevelopment project.
- Anchored by national tenants Taco Bell and Popeyes with strong daily consumer traffic.
- Opportunity zone eligible
Listing Contacts
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Loan Amount
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Annual Debt Service
$--
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Annual Cash Flow
$679,885.00
$56,657.08/mo
Valuation Metrics
0
DSCR
5.13%
Cap Rate
5.13%
ROI
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