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Investment Highlights

  • 27,000 cars daily on Midway Dr

Executive Summary

Property Overview
The asset is ideally suited for investors seeking a stable cash flow with value-add potential and optional owner-user flexibility. Surrounded by a diverse mix of national retailers, local businesses, and ongoing redevelopment projects, the property is well-positioned to capitalize on continued growth and revitalization within the Midway District.
Investment Highlights:
This offering represents a unique chance to secure a foothold in a supply-constrained coastal market with favorable long-term fundamentals.
Location Overview
Presenting a rare opportunity to acquire a strategically located investment asset at 3444 Midway Drive in the heart of San Diego’s highly active Midway District. This well-positioned property offers investors stable income potential, strong visibility, and long-term upside in one of Southern California’s most dynamic commercial corridors.
Situated along Midway Drive, a major thoroughfare with significant daily traffic counts, the property benefits from excellent street frontage, convenient access to Interstate 5 and Interstate 8, and close proximity to San Diego’s coastal communities, downtown core, and major demand drivers including the Sports Arena area and Liberty Station.
Price: Withheld
Building SF: 2,135
Occupancy: 100
NOI: $98,110
Available SF: 2,135
Lot Size: 24,829 SF
Frontage: 110
Signage: Pole Signage
Parking: 25
Parking Ratio: 11.7/1000
Year Built: 1988

Attachments

3444 Midway

Financial Summary (Actual - 2026)

Annual Annual Per SF
Gross Rental Income - -
Other Income - -
Vacancy Loss - -
Effective Gross Income - -
Net Operating Income $98,110 $45.95

Financial Summary (Actual - 2026)

Gross Rental Income
Annual -
Annual Per SF -
Other Income
Annual -
Annual Per SF -
Vacancy Loss
Annual -
Annual Per SF -
Effective Gross Income
Annual -
Annual Per SF -
Net Operating Income
Annual $98,110
Annual Per SF $45.95

Property Facts In Escrow

Sale Type
Investment
Sale Condition
Ground Lease (Leased Fee)
Property Type
Retail
Property Subtype
Fast Food
Building Size
2,135 SF
Building Class
C
Year Built
1988
NOI
$98,110
Tenancy
Single
Building Height
1 Story
Building FAR
0.09
Lot Size
0.57 AC
Zoning
CC-1-3
Parking
25 Spaces (10 Spaces per 1,000 SF Leased)
Frontage
110’ on Midway

Amenities

  • Bus Line
  • Pylon Sign
  • Signage
  • Drive Thru

Major Tenants

  • Tenant
  • Industry
  • SF Occupied
  • Rent/SF
  • Lease Type
  • Lease End
  • Accommodation and Food Services
  • -
  • $3.82
  • Triple Net
  • Jun 2031

El Pollo Loco is a highly differentiated growth restaurant concept that specializes in fire-grilling fresh, citrus-marinated chicken in front of their guests. They operate within the fastest growing segment of the restaurant industry. They offer high-quality food typical of fast casual restaurants while providing the speed, convenience and value typical of traditional quick-service restaurants (“QSRs”). It’s faster fast casual and they call it “QSR+.” Their distinctive menu features their “hero” product—signature citrus-marinated fire-grilled chicken—and a variety of innovative entrees that they create from their chicken. Every day in every restaurant they marinate and fire-grill their fresh chicken on open fire grills, hand slice avocados and make their salsas, guacamole and cilantro dressings from scratch.

Tenant Industry SF Occupied Rent/SF Lease Type Lease End
Accommodation and Food Services - $3.82 Triple Net Jun 2031
Moderately walkable
70/100
Exceptionally drivable
100/100
Some public transit
50/100
Moderately bikeable
70/100

Nearby Major Retailers

Starbucks
Ralphs
U.S. Bank
San Diego County Credit Union
IHOP
The Habit Burger Grill
Olive Garden
Buffalo Wild Wings
Noodles & Company
L & L Hawaiian Barbecue

Property Taxes

Property Taxes

Parcel Number
441-650-21
Land Assessment
$646,427 (2025)
Improvements Assessment
$494,893 (2025)
Total Assessment
$1,141,320 (2025)
  • Listing ID: 39822320

  • Date on Market: 3/18/2026

  • Last Updated:

  • Address: 3444 Midway Dr, San Diego, CA 92110

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