For Sale
$1,996,000

3726 Del Sol BlvdSan Diego, CA 92154

San Diego QSR Net Lease, High ROI

Overview

Added:
Dec 11, 2024
Days on market:
114
This exceptional investment opportunity features a Church's Chicken restaurant located at 3726 Del Sol Blvd, San Diego, CA 92154. The property boasts 1,228 square feet on a 0.67-acre lot and is subject to a triple-net (NNN) lease with a corporate guarantee. The lease, originally signed on December 28, 2004, has a remaining term of approximately 10.1 years, expiring December 27, 2034. The current annual rent is $74,077, with a built-in 1.5% annual rent increase. This translates to a compelling cap rate of 3.71% and a price per square foot of $1,625.41. The property's strong tenant, long-term lease, and consistent rental income make it an attractive addition to any investment portfolio. Built in 1984, this 100% occupied property offers a secure and stable investment with significant upside potential. The property's location in San Diego, California, provides access to a large and growing customer base. This is a rare opportunity to acquire a well-established, high-performing quick-service restaurant in a prime location. The property's financial performance is supported by a strong NOI of $74,077.

Highlights

  • Church's Chicken, 1,228 SF on a 0.67-acre lot at 3726 Del Sol Blvd, San Diego, CA 92154.
  • 20-year NNN lease, commencing December 28, 2004, with 10.1 years remaining.
  • $74,077 annual rent with 1.5% annual increases.

Property Details for 3726 Del Sol Blvd

Property type
Retail properties
Square Feet
1,228 SF
Year Built
1984
Lot Size (sq. ft)
29,185 SF

Location Insight

City
San Diego
County
San Diego
State
California
Latitude
32.5737509
Longitude
-117.053643
3726 Del Sol Blvd, San Diego, California

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3726 Del Sol Blvd
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