11845 Carmel Mountain Rd - Drug Store FOR SALE


San Diego, CA 92128
$7,889,200 USD
949-345-0970
11845 Carmel Mountain Rd, San Diego, CA for Sale
$7,889,200 USD
Drug Store - FOR SALE
1/6
null | 5.25% Cap Rate

11845 Carmel Mountain Rd
San Diego, CA 92128


HIGHLIGHTS

  • High Profile SoCal Asset - 52K Vehicles Per Day
  • Infill Location - Grocery-Anchored Shopping Center
  • Dense Retail Corridor - Ralph's, Trader Joe's, Home Depot
  • 236K Residents Within 5-Miles - Affluent Average HHI of $182,368
  • Corporately Guaranteed Lease - Below Market Rent
  • Triple Net (NNN) Lease - Exercised 5-Year Option (Jan 2025)

OVERVIEW

This offering is a high-profile retail asset in Southern California with highly impressive foot traffic.

FOR SALE DETAILS

PRICE

$7,889,200 USD

PRICE/SF

$334 USD /SF

CAP RATE

5.25%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Rite Aid | San Diego, CA

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Drug Store

ADD'L SUBTYPES

Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2004

SPRINKLERS

-

PARKING SPACES

95

LAND DETAILS

LAND ACRES

2.18 AC

LAND SF

94,961 SF

ZONING

CN-1-2

APN/PARCEL ID

313-690-12-00

ASK ABOUT THIS PROPERTY

Ian SchroederCBRE, Inc.More Info
949-345-0970

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Ian SchroederCBRE, Inc.More Info
949-345-0970

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.