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301 University Ave
San Diego, CA 92103
Walgreens · Retail Property For Sale

INVESTMENT HIGHLIGHTS

  • New 15 Year Absolute NNN Lease with Rental Increases Every 5 Years
  • New Lease Shows Commitment to the Location
  • S&P Rated BBB Investment Grade Credit
  • Zero Landlord Obligations
  • Corporate Guaranty - NASDAQ:WBA
  • Located in a Major Retail Trade Area

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)
Frontage
50’ on 3RD AVE

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • 452-055-32
  • 452-055-33
Land Assessment
$4,681,800
Improvements Assessment
$2,539,268
Total Assessment
$7,221,068
  • Listing ID: 27769276

  • Date on Market: 2/16/2023

  • Last Updated:

  • Address: 301 University Ave, San Diego, CA 92103

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