1320 Encinitas Blvd
Encinitas, CA 92024
Walgreens New 15 Year Absolute NNN Lease · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- New 15 Year Absolute NNN Lease with Rental Increases Every 5 Years
- Recent Lease Extension Shows Commitment to the Location
- S&P Rated BBB Investment Grade Credit
- Zero Landlord Obligations
- Top Performing Location with Reported Sales of $2,500,000
- Located in a Major Retail Trade Area
PROPERTY FACTS
Property Type
Retail
Property Subtype
Drug Store
Building Size
11,370 SF
Building Class
B
Year Built
2009
Tenancy
Single
Building Height
1 Story
Building FAR
0.25
Lot Size
1.05 AC
Zoning
C
Frontage
134’ on Encinitas Boulevard
PROPERTY TAXES
| Parcel Number | 259-121-39 | Improvements Assessment | $5,227,500 |
| Land Assessment | $2,346,000 | Total Assessment | $7,573,500 |
