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7788 Regents Rd
San Diego, CA 92122
Vons (Sale-Leaseback) @ La Jolla Colony · Retail Property For Sale
PROPERTY FACTS
ABOUT 7788 REGENTS RD , SAN DIEGO, CA 92122
Single-Tenant Vons: - New 20-year initial term sale-leaseback - Increases every 5 years (CPI with 10% max) - Excellent store sales with strong rent coverage - $1.7 million interior remodel in 2008 - Vons has successfully operated at this location since it was built in 1986 - Absolute NNN – no landlord responsibility - Albertsons Companies, Inc. corporate guaranty - Albertsons Companies, Inc. is one of the largest food and drug retailers in the U.S.; 2,277 stores across 34 states under 20 well-known banners Dense Trade Area Adjacent to UTC and UCSD: - UTC has 7.7 million SF of office known as San Diego’s second Downtown; one of the premier submarkets in the region and nation Luxury La Jolla Housing Market with Affluent Demographics: median home price is one of the highest in the U.S.
PROPERTY TAXES
| Parcel Number | 348-760-03 | Improvements Assessment | $8,036,275 |
| Land Assessment | $14,764,222 | Total Assessment | $22,800,497 |
PROPERTY TAXES
