Price improvement effective today! Regional Realty is pleased to exclusively market for sale a proposed single tenant sale leaseback (NNN) to CRT Plasma offering over a 7% cap rate. The proposed sale leaseback terms include a 15-year lease with 2.5% annual rental escalations throughout the primary term and four 5-year… Read More renewal options. The lease will be absolute triple net and feature no landlord responsibilities. The submarket boasts an extremely low vacancy rate of 3% according to CoStar. The practice is led by a Johns Hopkins-trained transfusion medicine specialist and has experienced strong success. Please inquire with broker for financial information. The 15,632-square-foot building is strategically located along Broadway, a primary thoroughfare with traffic exceeding 24,700 vehicles per day. Broadway hosts a wide range of major retailers, including Target, Food 4 Less, The Home Depot, Best Buy, ALDI, and Home Goods, as well as Parkway Plaza, a regional shopping center featuring Dick’s Sporting Goods, JC Penney, H&M, Regal Cinemas, Ashley, Bath & Body Works, and more. The property also offers close proximity to Interstate 8 (148,000 VPD) and CA-67 (100,000 VPD), enhancing accessibility. Situated in a densely populated area, the asset serves over 308,000 residents within a five-mile radius, with an average household income of $124,210. Read Less
Listed by Regional Realty & Investments Inc.619-990-3179, Brandon Long
Listing Snapshot
Days Online
309
Last Updated
Property Type
Commercial-Off/Rtl/Ind
Square Ft.
15,632
Lot Size
0.89 Acres
MLS Number
250028048
Additional Details
Building
Built in 0, Building area total: 15632, 1 number of building, 2 stories, Living area: 0, Living area units: Sqft, Building area units: Sqft, 1 total unit, "Other/Remarks", "2 Story"
Cooling
"Central Forced Air Elec"
Expenses
Operating expense: $1
Floors
"Other/Remarks", "Slab"
Heating
"Central Forced Air Elec", "Central Forced Air Gas", "Other/Remarks"
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Based on information from the San Diego MLS /Association of REALTORS®
as of . All data, including all measurements and calculations of area, is
obtained from various sources and has not been, and will not be, verified by broker or MLS.
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may or may not be listed by the office/agent presenting the information.
Source: San Diego MLS
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