301 University Ave
San Diego, CA 92103
Walgreens 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
- Located in a Major Retail Trade Area
- Zero Landlord Obligations
- S&P Rated BBB Investment Grade Credit
- Top Performing Location with Reported Sales of $4,300,000
PROPERTY FACTS
Property Type
Retail
Property Subtype
Drug Store
Building Size
11,847 SF
Building Class
B
Year Built
2013
Tenancy
Single
Building Height
1 Story
Building FAR
0.53
Lot Size
0.51 AC
Zoning
CN-1A
Parking
43 Spaces (4.9 Spaces per 1,000 SF Leased)
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $2,489,479 | |
| Land Assessment | $4,590,000 | Total Assessment | $7,079,479 |
