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Church's Chicken 3726 Del Sol Blvd 1,228 SF Retail Building San Diego, CA 92154 $1,907,000 ($1,552.93/SF) 4% Cap Rate
Investment Highlights
- Long-Term Triple Net Lease
- Established QSR Operator
- Annual Rent Escalations
- Large Parcel With Pad Appeal
Executive Summary
Surmount is pleased to present the exclusive listing for a Church's Chicken located at 3726 Del Sol Boulevard, San Diego, CA 92154. The site consists of roughly 1,228 rentable square feet of building space on an estimated .67-acre parcel of land. Church's Chicken is subject to a 30-year Triple Net (NNN) lease, which commenced 12.28.2004. The current annual rent is $76,316 and has scheduled increases of 1.50% Annually.
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Fast Food
Building Size
1,228 SF
Building Class
B
Year Built
1984
Price
$1,907,000
Price Per SF
$1,552.93
Cap Rate
4%
NOI
$76,316
Tenancy
Single
Building Height
1 Story
Building FAR
0.04
Lot Size
0.67 AC
Zoning
CC-2-3, San Diego - Dense retail
Frontage
Amenities
- Pylon Sign
- Signalized Intersection
- Drive Thru
Fairly walkable
50/100
Exceptionally drivable
100/100
Good public transit
60/100
Fairly bikeable
50/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 630-280-04 | Improvements Assessment | $245,975 |
| Land Assessment | $956,601 | Total Assessment | $1,202,576 |
Property Taxes
Parcel Number
630-280-04
Land Assessment
$956,601
Improvements Assessment
$245,975
Total Assessment
$1,202,576
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Church's Chicken | 3726 Del Sol Blvd
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