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1862 Palm Ave
San Diego, CA 92154
99 Cents Only - Absolute NNN · Retail Property For Sale
Investment Highlights
- 99 Cents Only Stores – San Diego County, CA – Over 3.3 Million Residents
- Zero Landlord Responsibilities – Ideal for Coupon Clippers or 1031 Exchange Asset
- Long Tern Tenant – 99 Cents Only Stores Has Occupied Location Since 2006
- Absolute NNN Lease – 8+ Lease Years Remaining in Primary Term Four 5 Year Options
- Inflation Resistant Cash Flows – 4% Increase in 2026 8% Increases in Each Option
- Hard Corner Signalized Intersection – Palm Ave (St Hwy 75) & Saturn Blvd – 94,000+ VPD
Property Facts
Property Type
Retail
Property Subtype
Freestanding
Building Size
14,577 SF
Building Class
C
Year Built
2019
Tenancy
Single
Building Height
1 Story
Building FAR
0.29
Lot Size
1.14 AC
Zoning
C-1, San Diego
Parking
55 Spaces (3.77 Spaces per 1,000 SF Leased)
Frontage
121’ on Palm Ave
Amenities
- Signage
Property Taxes
| Parcel Number | 627-080-13 | Improvements Assessment | $1,453,633 |
| Land Assessment | $2,788,796 | Total Assessment | $4,242,429 |
Property Taxes
Parcel Number
627-080-13
Land Assessment
$2,788,796
Improvements Assessment
$1,453,633
Total Assessment
$4,242,429
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