1320 Encinitas Blvd
Encinitas, CA 92024
 Walgreens New 15 Year Absolute NNN Lease · Retail Property For Sale

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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

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