5322 El Cajon Blvd - Fast Food FOR SALE


San Diego, CA 92115
$4,500,000 USD
858-875-4666
5322 El Cajon Blvd, San Diego, CA for Sale
$4,500,000 USD
Fast Food - FOR SALE
1/5
null | 3.91% Cap Rate

5322 El Cajon Blvd
San Diego, CA 92115


HIGHLIGHTS

  • The property is located 1 mile from San Diego State University with a student and faculty population of ±40,000.
  • The property was a former McDonald’s restaurant building with a drive-thru on it, that was subsequently converted to a Yoshinoya (which also closed).
  • Unique opportunity to take advantage of the Complete Communities Program which has a 6.5 FAR.
  • Numerous amenities within this walkable College Area with grocery store, restaurants and entertainment. Walking score of 84.
  • Easy access to I-8, hospitals and regional destinations.

OVERVIEW

Three Possibilities: High Density Multi-Family, NNN Lease Investment Opportunity, 2nd Generation Restaurant Owner/User. Flocke & Avoyer Commercial Real Estate is pleased to present a high-density multi-family development opportunity located in a prime location in the College Area of San Diego. • The property is located 1 mile from San Diego State University with a student and faculty population of ±40,000. • The property was a former McDonald’s restaurant building with a drive-thru on it, that was subsequently converted to a Yoshinoya (which also closed). The underlying ground lease from McDonald’s expires in 2026. • Unique opportunity to take advantage of the Complete Communities Program which has a 6.5 FAR. • Numerous amenities within this walkable College Area with grocery store, restaurants and entertainment. Walking score of 84. • El Cajon Boulevard is on the MTS Rapid Bus Service Corridor. This provides a direct, one-seat ride between SDSU and Downtown San Diego via El Cajon Boulevard and Park Boulevard, traveling through City Heights and the North Park communities and connection to Downtown and Balboa Park. Also close to the SDSU Trolley Transit Station. • Easy access to I-8, hospitals and regional destinations.

FOR SALE DETAILS

PRICE

$4,500,000 USD

PRICE/SF

$1,800 USD /SF

CAP RATE

3.91%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Fast Food

ADD'L SUBTYPES

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2005

SPRINKLERS

-

PARKING SPACES

22

LAND DETAILS

LAND ACRES

0.7 AC

LAND SF

30,528 SF

ZONING

CUPD-CU-2-4

APN/PARCEL ID

472-022-09

ASK ABOUT THIS PROPERTY

Gael CourtneyFlocke & Avoyer Commercial Real EstateMore Info
858-875-4666

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Gael CourtneyFlocke & Avoyer Commercial Real EstateMore Info
858-875-4666

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