3504 El Cajon Blvd, San Diego, CA 92104

3,931 SF | Retail Building | San Diego, CA 92104 | $3,350,000 ($852/SF) | 3.94% Cap Rate

Date Added:
May 17, 2024
Days on Market:
28 days

Asking Price $3,350,000

Property Type
Retail
Square Feet
3,931 SF
Price / Square Foot
$852

Listing Contacts

Samuel Cryan
Samuel Cryan
Verified Profile
  • Property Info

Property Overview

Exceptional Triple Net Income Property Opportunity!
Discover a truly one-of-a-kind investment with this remarkable property, boasting a $3 million-plus remodel courtesy of 7 Eleven! This gem stands out with a complete transformation, featuring a brand new parking lot, upgraded plumbing, a modern roof, electrical enhancements, and a stunning interior and exterior overhaul.
Seize the chance to add this meticulously upgraded property to your real estate portfolio. With a long-term lease and 7 Eleven's stamp of approval, this investment promises to be both lucrative and promising.
Don't miss out on this extraordinary investment opportunity! Contact us today to schedule a viewing and take the first step toward enhancing your real estate portfolio.
Disclaimer: All information is deemed reliable but not guaranteed and should be independently verified.

Property Details

Class
C
Year Built
1976
Stories
1
Property Subtype
Freestanding
Lot Size (sq. ft)
15,246 SF

Highlights

  • This former liquor store which was built in 1976 had a complete renovation down to the studs in 2020.
  • 7 Eleven Corporate Store 10  Year Lease 4 (5) Year Options).10% increases every 5 years.
  • Property generates income- $132,000/Year NNN
  • Zero Landlord Responsibilities.
  • Laredo Taco Shop (7 Eleven owns- no extra income but you have a restaurant on the premises for the future).
  • Contact Accountant about Depreciation (Our Accountant said Yes).

FAQ

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