5802 Van Allen Way, Carlsbad, CA 92008
7-Eleven ground-leased asset with a corporately guaranteed lease extending through 2026.
Property Features for 5802 Van Allen Way
General Information
Site & Location
Building Details
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Investment Insights
Based on property information with market context.
The property is described as the only retail center in a dense industrial area. The closest gas station is approximately 1.7 miles away. The building is about 2 miles from the I-5 Freeway and is right off Palomar Airport Road, an East/West thoroughfare that provides access to I-5, the 78 Freeway, and I-15.
The remarks also cite multiple major industrial tenants within a 1-mile radius, including several training centers, medical and fitness uses, logistics and manufacturing-related operations, and nearby education and development facilities.
Key Highlights
- 7‑Eleven ground‑leased asset with a corporately guaranteed lease by 7‑Eleven, Inc.
- Lease runs through 2026 with three five‑year option periods and significant rent increases throughout.
- 7‑Eleven extended the lease term by 10 years on April 1, 2016.
Property Analytics
Current Use
Lease Details
Location Intelligence
Trade Area within ½ mile
Demographics for 92008, CA
Market
Vacancy Rate% for Retail in West region