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    1862 Palm Ave San Diego, CA 92154

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    For Sale
    $4,907,000

    NNN leased Dollar Tree in San Diego for sale.

    Property size:
    14,577 SF
    Lot size:
    1.14 Acres

    Property Features for 1862 Palm Ave

    General Information

    Size
    14,577 SF
    Lot size
    1.14 Acres

    Source: Colliers Agent Jereme Snyder

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

    Overview

    Dollar Tree NNN Investment Opportunity

    This is an opportunity to acquire a Dollar Tree property in San Diego, CA. Dollar Tree (NASDAQ: DLTR) is an investment-grade tenant, ranked #143 on the 2024 Fortune 500, with annual revenue exceeding $30 billion and over 16,000 stores in the U.S. and Canada. This is a new store location currently under renovation with over 8 lease years remaining in the primary term, featuring 8% rent increases every 5 years. The property is strategically positioned on the hard corner signalized intersection of Palm Avenue and Saturn Boulevard, which has a combined traffic count exceeding 94,000 VPD, and is opposite the Home Depot and Walmart anchored Southland Plaza Shopping Center. Other nearby retailers include Vons, CVS Pharmacy, 7-Eleven, Bank of America, Wells Fargo, In-N-Out Burger, McDonald’s, and Starbucks. The property size is 14577 square feet.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    99 Cents Only ... Dollar Store

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Clothing Store Nail Salon Food Market Gym & Fitness

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

    Similar Places Nearby

    San Diego Edible Fruit Designs, American Wholesale Flowers

    Location Insight

    • Map
    • Local Demand
    City
    San Diego
    County
    San Diego
    State
    California
    Longitude
    -117.09424
    Latitude
    32.585987

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    FAQs

    What type of property is this?
    Storefront property - NNN leased Dollar Tree in San Diego for sale.
    Where is this storefront property located?
    The property is located at 1862 Palm Ave San Diego, CA.
    What is the asking price?
    The asking price for this property is $4,907,000.
    What are key features of this property?
    This property features: - Absolute NNN Lease: Enjoy a hands-off investment.; - Investment-Grade Tenant: Leased to Dollar Tree (NASDAQ: DLTR), a Fortune 500 company.; - Strategic Location: Hard corner at a signalized intersection of Palm Avenue and Saturn Boulevard with high traffic count (94,000 VPD).
    (949) 724-5552
    Request Owner's contact information
    1862 Palm Ave San Diego, CA 92154
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    San Diego, CA 92154
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    Realmo Value Estimation

    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

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    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.

    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
    1862 Palm Ave San Diego, CA 92154
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