10515 Mission Gorge Rd | Santee, CA 92071
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10515 Mission Gorge Rd
Santee, CA 92071
Sonic Ground Lease · Retail Property For Sale
Investment Highlights
- Absolute NNN Ground Lease to Established Sonic Franchisee with 8 Years Remaining
- Tenant Built Improvements and Has Operated at Site for 12 Years, Demonstrating Long Term Commitment to Site
- Robust Demographics in Surrounding Area - Population of 272,943 within 5 Mile Radius
- Scheduled 12% Rental Escalation in 2023 - 6.72% Return Upon Rental Increase
- Functional Site with Drive-Thru Component
- San Diego MSA Location - MSA GDP of $245.1 Billion
Property Facts
Property Type
Retail
Property Subtype
Building Size
1,728 SF
Building Class
B
Year Built
2008
Tenancy
Single
Building Height
1 Story
Building FAR
0.05
Lot Size
0.85 AC
Zoning
GC
Parking
35 Spaces (10 Spaces per 1,000 SF Leased)
Frontage
Property Taxes
| Parcel Number | 384-091-75 | Improvements Assessment | $811,824 |
| Land Assessment | $2,164,864 | Total Assessment | $2,976,688 |
Property Taxes
Parcel Number
384-091-75
Land Assessment
$2,164,864
Improvements Assessment
$811,824
Total Assessment
$2,976,688
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