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Rally's 1545 Palm Ave 690 SF Retail Building San Diego, CA 92154 $2,590,000 ($3,753.62/SF) 4.85% Cap Rate

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Investment Highlights

  • Successful coastal quick serve drive thru location
  • Additional Wells Fargo ATM income

Executive Summary

Long time successful Rally's tenant (3 yrs. left on current term plus options) with Well Fargo ATM lease as well.

Property Facts

Sale Type
Investment
Property Type
Retail
Property Subtype
Fast Food
Building Size
690 SF
Building Class
C
Year Built
1988
Price
$2,590,000
Price Per SF
$3,753.62
Cap Rate
4.85%
NOI
$125,628
Tenancy
Single
Building Height
1 Story
Building FAR
0.03
Lot Size
0.51 AC
Zoning
CC-4-2
Parking
23 Spaces (10 Spaces per 1,000 SF Leased)
Frontage
533’ on Palm Ave

Amenities

  • Signalized Intersection
  • Drive Thru

Major Tenants Click Here to Access

  • Tenant
  • Industry
  • SF Occupied
  • Rent/SF
  • Lease Type
  • Lease End
  • Retailer
  • -
  • -
  • Lorem Ipsum
  • Jan 0000

Checkers & Rally's restaurants were born out of the idea that a bland and flavorless burger was downright bad and that Americans everywhere deserved a better tasting burger - one that was unexpectedly bold, made-to-order and priced at a value that was hard to beat. Founded by experienced foodies with a renegade spirit, both the Checkers & Rally's unique double drive-thru concept, with its over-the-top checkerboard squares, chrome styling, red neon signs and of course the food, was an instant hit. These two new burger experiences were hot, fresh and served with a smile.

Tenant Industry SF Occupied Rent/SF Lease Type Lease End
Retailer - - Lorem Ipsum Jan 0000
Walk Score®
Very Walkable (85)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

Nearby Major Retailers

IGA
Grocery Outlet
Vons
North Island Credit Union
Chase Bank
Mission Federal Credit Union
Bank of America
Navy Federal Credit Union
Starbucks
IHOP

Property Taxes

Property Taxes

Parcel Numbers
Multiple
  • 627-030-13
  • 627-030-14
Land Assessment
$1,874,876
Improvements Assessment
$384,589
Total Assessment
$2,259,465
  • Listing ID: 39468902

  • Date on Market: 2/17/2026

  • Last Updated:

  • Address: 1545 Palm Ave, San Diego, CA 92154

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