12955 El Camino RealSan Diego, CA 92130
- Retail properties
- 1.02 AC
Property Details for 12955 El Camino Real
- Year built
- 1993
- Lot size
- 1.02 AC
- Zone code
- COMMERCIAL
- Property type
- Retail properties
- Property subtype
- Strip malls
- APN
- 304-072-48-00
- APU
- 3040724800
Description
This exceptional San Diego restaurant opportunity presents a fully fixturized, turnkey operation ideally situated at 12955 El Camino Real, San Diego, CA 92130. The property encompasses a 2,599 square foot interior space complemented by an expansive 828 square foot outdoor patio, perfect for expanding seating capacity and creating a vibrant atmosphere. Recently renovated in 2021, the restaurant boasts a sophisticated design by Ikedo Design and Suncoast Construction Inc., showcasing high-quality finishes and a modern aesthetic. The sale includes top-of-the-line equipment, ensuring a seamless transition for the new owner. Operational efficiency is enhanced by features such as automated oil management provided by Restaurant Technologies and energy-saving sensor lights. Currently generating $26,000 in monthly rent with seven years remaining on the lease, this presents a strong income stream. A full alcohol license is available for separate purchase. This is a rare opportunity to acquire a thriving, established restaurant with significant upside potential in a prime San Diego location. The property is offered at an asking price of $600,000. Please schedule a showing to fully appreciate this remarkable asset. Do not disturb the tenant.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $13,690,777
- 6.5%
- $12,637,640
- 7%
- $11,734,952
-
Comparable approach
- Method
- Valuation
- Relative Method
- $18,121,020
- Geo Method
- $39,408,716
-
Alternative Use
- Use
- Valuation
- Residential
- $10,660,323
- Hospitality
- $9,764,798
- Educational
- $8,124,198
- Medical
- $8,403,601
- Retail
- $12,637,640
Location Insight
- City
- San Diego
- County
- San Diego
- State
- California
- Latitude
- 32.953
- Longitude
- -117.232
- CBSA code
- 41740
- CBSA name
- SAN DIEGO-CARLSBAD-SAN MARCOS, CA METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
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