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Investment Highlights
- At entrance to Costco and Edgewater Power Center (over 500,000 SF center)
- Hard corner signalized intersection
- Dense local population count
- Zoning: Retail/Auto Service Pad (buyer to verify)
Executive Summary
NNN Sale Of Master Ground Leasehold Listing consisting of current 20-year Ground Sublease (15+ years remain under initial term) to Halle Properties/Discount Tire Co. under a Seller prepaid Master Ground Lease of 99 years (93 years remaining – LED 2/11/2119). This is not a fee simple sale.
Property Facts
Sale Type
Investment NNN
Sale Condition
Ground Lease (Leasehold)
Property Type
Retail
Building Size
8,192 SF
Building Class
B
Year Built
2025
Price
$3,000,000
Price Per SF
$366.21
Tenancy
Single
Building Height
1 Story
Building FAR
0.24
Lot Size
0.79 AC
Zoning
Retail/Auto Service
Nearby Major Retailers
1 of 3
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1000 Playa Ave
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