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Investment Highlights

  • Triple net to Canteen, part of the Compass Group, a worldwide credit tenant.
  • Possible owner user opportunity.
  • Central location with secure yard.

Executive Summary

ACI is proud to exclusively present, this asset for sale. All needs are met in this industrial investment. This is a prime opportunity located at 5475- 5515 Market Street, San Diego, Ca 92114 in San Diego, CA. The property is occupied by Canteen Company, a division of Compass which is located in the U.K.. With an annual net operating income of $217,986, the property is a sustainable income-producing investment. The current tenant has been at this location since 2011. There is a possibility that the current tenant would vacate early to the benefit of a potential owner/user. This location is near the I-15/I-5 corridors and close to downtown San Diego. The building sits on a large 1.23-acre site, which offers future possible redevelopment upside

Property Facts

Price $5,990,000
Price / SF $315.26 / SF
Cap Rate 3.60%
Sale Type Investment NNN
Status Under Contract
Number of Properties 2
Individually For Sale 0
Total Building Size 19,000 SF
Total Land Area 1.25 AC

Properties

Property Name / Address Property Type Size Year Built Individual Price
5515 Market St, San Diego, CA 92114 Industrial 10,000 SF 1961 -
5475 Market St, San Diego, CA 92114 Industrial 9,000 SF 1961 -
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  • Listing ID: 33612300

  • Date on Market: 10/23/2024

  • Last Updated:

  • Address: 5475-5515 Market Street, San Diego, CA

Contact the Sale Advisor

5475-5515 Market Street

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