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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
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
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
Sale Type
Investment
Sale Condition
Ground Lease (Leased Fee)
Property Type
Retail
Property Subtype
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 began in Sinaloa, Mexico, and later grew into a fire-grilled chicken restaurant chain in the United States. The company was founded in 1975 and has built its menu around citrus-marinated, fire-grilled chicken prepared for dine-in, take-out, drive-through, pickup, and delivery. El Pollo Loco also serves Mexican-inspired items such as tacos, burritos, salads, bowls, family meals, and sides, and the business includes catering and loyalty programs. The company maintains a broad restaurant presence across the southwestern United States while continuing to expand through company-operated and franchised locations.
| 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
Property Taxes
| Parcel Number | 441-650-21 | Improvements Assessment | $504,790 |
| Land Assessment | $659,355 | Total Assessment | $1,164,145 |
Property Taxes
Parcel Number
441-650-21
Land Assessment
$659,355
Improvements Assessment
$504,790
Total Assessment
$1,164,145
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