Listed by Marcus & Millichap - San Diego
$21,750,000
MAZDA DEALERSHIP & SERVICE CENTER | TROPHY SAN DIEGO ASSET
Details
APN 3560813900
Property Type Retail
Sub Type Storefront, Auto Shop
Square Footage 28,444
Units 1
Cap Rate 5.31%
NOI $1,155,000
Tenancy Single
Lease Type NNN
Lease Expiration 04/29/2043
Remaining Term 16.9
Rent Bumps Yes
Class A
Year Built 2024
Acreage 4.200
Tenant Credit Corporate Guarantee
Ground Lease No
Retail | 5.31% CAP | 28,444 SqFt
Marketing description
PLEASE VISIT THE PROPERTY WEBSITE TO DOWNLOAD FULL MARKETING PACKAGE:
https://themansourgroup.com/properties/310588/mazda-dealership-service-center
Investment highlights
- Brand-New 2024 Construction – High-Quality, Purpose-Built Mazda Dealership with State-of-the-Art Design and Showroom Finishes.
- 17 Year NNN Lease (Minimal Landlord Obligations) Featuring 10% Rental Increases Every 5 Years.
- Trophy Location with Freeway Frontage – Premier Automotive Site at the Intersection of I-805 & Clairemont Mesa Blvd (196,000 VPD).
- Dense Trade Area – Over 317,000 Residents Within a 5-mile Radius, Providing Strong Consumer Demand and Consistent Traffic.
- Affluent Demographics – Average Household Income of $119,449 Supports a High-Spending Customer Base.
- Generational Automotive Investment – Long-Term Tenancy and Strategic Positioning in one of California’s Most Constrained, High-Barrier Markets.
Listing Contacts
Listed by Marcus & Millichap - San Diego
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$1,155,000.00
$96,250.00/mo
Valuation Metrics
0
DSCR
5.31%
Cap Rate
5.31%
ROI
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