Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    1004 S Santa Fe Ave Vista, CA 92084

    View on Map
    Loading data...
    Loading data...
    Loading data...
    For Sale
    $3,444,000

    Newly renovated Jack in the Box with long-term NNN lease.

    Property size:
    2,343 SF
    Lot size:
    0.42 Acres

    Property Features for 1004 S Santa Fe Ave

    General Information

    Standard status
    Active
    Size
    2,343 SF
    Lot size
    0.42 Acres

    Building Details

    Year built
    1985

    We can help!

    Listing Contact
    Ryan Bennett
    Ryan Bennett
    Source: Crexi

    Listing Agency: Lee & Associates San Diego - Carlsbad Listing Agent: Ryan Bennett

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Overview

    Renovated Jack in the Box Investment

    The property is a newly renovated, standalone quick service restaurant, operating as a Jack in the Box. The building has an area of approximately 2,343 square feet and is situated on a 0.42 acre parcel. Located on S. Santa Fe Avenue in Vista, California, the property benefits from high visibility with traffic counts exceeding 21,000 vehicles per day. The property is secured by a new 15-year absolute NNN sale leaseback to Beshay Foods, Inc. The lease features zero landlord responsibilities, 10 percent rent increases every five years, and four five-year renewal options. The investment benefits from two income streams, including rent from Jack in the Box and an on-site ChargeNet electric vehicle charging station. The location is less than one mile from Highway 78, a major east-west corridor in North San Diego County with traffic counts exceeding 139,000 vehicles per day. The surrounding area within a five-mile radius includes approximately 244,000 residents with average household incomes above $140,000. The property is positioned within a dense infill trade area.
    Location Intelligence

    Current Use by Public Records

    Jack in the Box Restaurant

    Suggested Use

    Real Estate Agency Restaurant Law Firm Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Vista
    County
    San Diego
    State
    California
    Longitude
    -117.2305376
    Latitude
    33.1929002

    Nearby Similar for Sale

    • $775,000
      4,360 SF

      Vista Storage Facility For Sale

      Well-maintained storage facility in high-demand commercial area, Vista, CA.
      1204 Monique Ct, Vista, CA 92084
      View Details
    • New
      $869,000
      1,808 SF

      Vista Duplex: Investment Opportunity

      Duplex in Vista with updated unit and tenant-occupied unit.
      627-629 N Citrus Ave, Vista, CA 92084
      View Details
    • New
      $899,000
      Pending

      Vista Duplex with View

      Duplex in Vista with flexible layout and desirable location.
      221-23 Ardys Pl, Vista, CA 92084
      View Details
    • $328,000

      Vista Commercial Condo For Sale

      Industrial commercial condo in Vista, near San Diego and Orange County.
      2598 Fortune Way, Vista, CA 92081
      View Details
    • $4,400,000

      Retail/Office Space in Vista

      High-traffic retail/office space in a desirable commercial zone.
      960 S Santa Fe Ave, Vista, CA 92084
      View Details
    • $1,500,000

      Greenhouse Facility in Vista, California

      60,000 SF greenhouse on 2.36 acres in Vista.
      501 Osborne St, Vista, CA 92084
      View Details
    • $795,000
      Pending

      Vista Duplex Investment Opportunity

      Two-unit property near downtown Vista with income potential.
      157 Natal Way, Vista, CA 92083
      View Details
    • $8,400,000

      Vista Multifamily Investment Opportunity

      Extensively renovated multifamily property near Downtown Vista Village.
      628 W California Ave, Vista, CA 92083
      View Details
    • $4,400,000

      Prime Retail/Office Space Available

      High-traffic retail/office space in a bustling shopping center.
      960 S Santa Fe Ave, Vista, CA 92084
      View Details
    • $200,000
      1,800 SF

      Legacy Restaurant Location in Vista

      Restaurant property for sale in downtown Vista, California.
      124 Hanes Pl, Vista, CA 92084
      View Details
    • $358,888

      Vista Specialty Property For Sale

      Specialty property available for purchase in Vista, California.
      1506 Oak Dr, Vista, CA 92084
      View Details
    • $349,900
      Pending

      Corner Home in Tiki Village

      Beautiful corner home in premier all-age mobile home community.
      1333 Olive Ave, Vista, CA 92083
      View Details

    FAQs

    What type of property is this?
    Drive through restaurant - Newly renovated Jack in the Box with long-term NNN lease.
    Where is this drive through restaurant located?
    The property is located at 1004 S Santa Fe Ave Vista, CA.
    What is the asking price?
    The asking price for this property is $3,444,000.
    What are key features of this property?
    This property features: - New 15-year absolute NNN lease with zero landlord responsibilities.; - Tenant is Beshay Foods, Inc., one of the largest Jack in the Box franchisees.; - Two income streams: Jack in the Box rent and ChargeNet EV charging station.
    (760) 519-0240
    Request Owner's contact information
    1004 S Santa Fe Ave Vista, CA 92084
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    1004 S Santa Fe Ave
    Vista, CA 92084
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1004 S Santa Fe Ave Vista, CA 92084
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Ryan Bennett
    Ryan Bennett
    Real Estate License ID: 01826517
    Learn More
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!