Newly Built Absolute NNN
For Sale
Contact for pricing
Pending
1545 Camino del Rio S, San Diego, CA 92108
Fee-simple acquisition of a newly constructed Carvana retail property with an absolute NNN structure.
Days on Market111
Property Features for 1545 Camino del Rio S
General Information
Standard status
Pending
Property subtype
Retail
Site & Location
Traffic Count
237,000 vehicles/day
Highway Access
Yes
Building Details
Tenancy
Single
Listing Agency:
SRS National Net Lease Group
Listed By:
Chuck Klein · License #NV License No. S.0174447
Source:
Crexi
Added: Apr 11
Changed: Jul 22
Last Checked: Jul 30 at 2:05PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of SRS National Net Lease Group
Investment Insights
Based on property information with market context.
SRS National Net Lease Group presents a newly constructed Carvana investment property offering fee simple ownership of the land and building. The asset is described as an absolute NNN lease structure with zero landlord responsibilities, and the tenant has a brand new 20-year lease scheduled to be signed at the close of escrow. The lease terms include 2% annual rental increases, intended to provide steadily growing income over the lease term.
The property is located directly off Interstate 8/Mission Valley Freeway and is described as having clear visibility to high daily passing traffic. The remarks also note the site’s proximity to Westfield Mission Valley, a super regional mall, and a retail corridor that includes multiple auto dealership tenants.
This offering is positioned as a newly built, corporate-signed, long-term net lease investment anchored by Carvana, a publicly traded company (NYSE: CVNA).
The property is located directly off Interstate 8/Mission Valley Freeway and is described as having clear visibility to high daily passing traffic. The remarks also note the site’s proximity to Westfield Mission Valley, a super regional mall, and a retail corridor that includes multiple auto dealership tenants.
This offering is positioned as a newly built, corporate-signed, long-term net lease investment anchored by Carvana, a publicly traded company (NYSE: CVNA).
Key Highlights
- Fee‑simple acquisition of a newly constructed Carvana retail property
- Absolute NNN lease structure with zero landlord responsibilities
- Brand‑new 20‑year lease to be signed at close of escrow with 2% annual rental increases
Property Analytics
Current Use
Lease Details
237,000 VPD
Traffic count
Single-tenant
Tenancy
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
3,748
Businesses Nearby
538k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Dining 60%
Apparel 10%
Leisure 9%
Shops & Services 8%
In-N-Out Burger
Dining
70,843 visits/mo
0.3 miles
Yard House
Dining
53,966 visits/mo
0.2 miles
AMC Mission Valley 20
Leisure
50,473 visits/mo
0.1 miles
Lazy Dog Restaurant & Bar
Dining
28,884 visits/mo
0.5 miles
Taco Bell
Dining
23,976 visits/mo
0.3 miles
Demographics for 92108, CA
24,266
Population
14,072
Households
1.7
Avg Household Size
35
Median Age
58%
College-Educated
97%
High-School Grad
4.4 sq mi
ZIP Area
5,515
Density / Sq Mi
$101,704
Median Household Income
$63,136
Median Earnings
$2,731
Median Rent
$606,600
Median Home Value
Market
Vacancy Rate% for Retail in San Diego, CA
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Retail space - Fee-simple acquisition of a newly constructed Carvana retail property with an absolute NNN structure.
Where is this retail space located?
The property is located at 1545 Camino del Rio S San Diego, CA.
What are key features of this property?
This property features: Fee‑simple acquisition of a newly constructed Carvana retail property; Absolute NNN lease structure with zero landlord responsibilities; Brand‑new 20‑year lease to be signed at close of escrow with 2% annual rental increases
