This Retail Property is no longer advertised on LoopNet.com.

7404 Jackson Dr
San Diego, CA 92119
Retail Property For Sale

Investment Highlights

  • Absolute NNN Lease to Investment-Grade Tenant (S&P “A+”, Moody’s “Aa2”) - Bank of America is responsible for all operating costs
  • Rare Multi-Lane Drive-Thru Branch - Lack of available land and San Di zoning standards restrict many bank branches from adding drive-thru lanes
  • Highly Desirable Infill San Diego Location with $122,000+ AHHI - 2018 was a landmark year; San Diego #8 in US cities with largest population increases
  • 45-Year Historical Occupancy with Annual CPI Rent Increases - new lease features rare annual rent increases tied to the Consumer Price Index (“CPI”)
  • $115 Million Deposit Base Branch Offering Full Suite of Banking Services - deposit base figure makes up roughly 20% of the zip code’s market share
  • Close Proximity to San Diego State University with 35,000 Students - Major local economic driver contributing $5.67 billion to the region annually

Property Facts

Property Type
Retail
Property Subtype
Bank
Building Size
8,203 SF
Building Class
C
Year Built
1975
Tenancy
Single
Building Height
2 Stories
Building FAR
0.27
Lot Size
0.69 AC
Zoning
CO-1-1
Parking
29 Spaces (3.54 Spaces per 1,000 SF Leased)
Frontage
175’ on Jackson Dr

Amenities

  • 24 Hour Access
  • Banking
  • Corner Lot
  • Security System
  • Signage
  • Drive Thru
  • Monument Signage
  • Air Conditioning

Property Taxes

Property Taxes

Parcel Number
674-530-19
Land Assessment
$3,551,390
Improvements Assessment
$1,947,344
Total Assessment
$5,498,734
  • Listing ID: 19708175

  • Date on Market: 5/28/2020

  • Last Updated:

  • Address: 7404 Jackson Dr, San Diego, CA 92119

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