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Jamba & Auntie Anne's Combo Drive-Thru 409 Euclid Ave 1,800 SF Retail Building San Diego, CA 92114 $2,700,000 ($1,500/SF) 5% Cap Rate
INVESTMENT HIGHLIGHTS
- 1st Jamba & Auntie Anne's Combo Drive-Thru in California
- Offering is Building + Land
- Tenant Has ±30 Jamba Stores and is an Experienced Operator of Over 100 Carl’s Jr., Jamba and Dave’s Hot Chicken Restaurant Concepts
- Single-Tenant NNN Lease with Virtually No Landlord Responsibilities - Tenant Responsible for Roof & Structure
- Exceptional High-Traffic, Dense Infill Location Across from Busy Trolley & Bus Transit Station
- 600+ New Multi-Family Residential Units Planned or Underway Within a Half Mile of Property.
EXECUTIVE SUMMARY
The subject offering is a new construction, single-tenant drive-thru building leased to Jamba & Auntie Anne’s— the first such dual branded drive-thru location in California. The tenant recently opened for business and commenced a brand new 10-year lease with virtually no Landlord responsibilities.
The property benefits from a signalized, hard-corner location with excellent visibility along the high-traffic Euclid Avenue corridor, as well as being situated directly across from a busy trolley and bus station. Also adjacent to the property is a new El Pollo Loco and Verizon, as well as a high-volume Food 4 Less anchored shopping center with Starbucks, Wells Fargo, WingStop, Subway, and more across the street.
The property is located in a densely populated submarket of San Diego that continues to see a significant amount of new multi-family, medical office, and other retail and cultural developments in the immediate area. There are 600+ new multi-family units planned or underway within a half mile of the property. The property is also one block from a brand new 65,000 SF County health facility.
The property benefits from a signalized, hard-corner location with excellent visibility along the high-traffic Euclid Avenue corridor, as well as being situated directly across from a busy trolley and bus station. Also adjacent to the property is a new El Pollo Loco and Verizon, as well as a high-volume Food 4 Less anchored shopping center with Starbucks, Wells Fargo, WingStop, Subway, and more across the street.
The property is located in a densely populated submarket of San Diego that continues to see a significant amount of new multi-family, medical office, and other retail and cultural developments in the immediate area. There are 600+ new multi-family units planned or underway within a half mile of the property. The property is also one block from a brand new 65,000 SF County health facility.
PROPERTY FACTS
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Building Size
1,800 SF
Building Class
B
Year Built
2025
Price
$2,700,000
Price Per SF
$1,500
Cap Rate
5%
NOI
$135,000
Tenancy
Single
Building Height
1 Story
Building FAR
0.12
Lot Size
0.34 AC
Opportunity Zone
Yes
Zoning
C-6 - Commercial
Parking
11 Spaces (6.11 Spaces per 1,000 SF Leased)
Frontage
145’ on Euclid Avenue
AMENITIES
- Corner Lot
- Restaurant
- Drive Thru
Walk Score®
Very Walkable (80)
NEARBY MAJOR RETAILERS
1 of 9
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Jamba & Auntie Anne's Combo Drive-Thru | 409 Euclid Ave
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