Freestanding NNN Leased Thrift
1655 Euclid Ave, San Diego, CA 92105
NN leased Red White & Blue Thrift Store for sale.
Type:Retail
Property size:
30,778 SFPrice / SF:
$347/SF- Added:
- Feb 19, 2026
- Days on Market:
- 82
- Last Refresh:
- Mar 17 at 1:16 pm
Property Features for 1655 Euclid Ave
General Information
- Standard status
- Active
- Size
- 30,778 SF
- Property subtype
- Retail
Building Details
- Year Built
- 1959
Listing agent Gary Chou License #01911222
Listing office SRS Real Estate Partners Newport Beach
Listing date Feb 19, 2026
Source Crexi
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 Real Estate Partners Newport Beach
HighLights
- NN lease with limited landlord responsibilities, ideal for passive investors.
- Tenant recently signed a 10‑year lease with options to extend, demonstrating long‑term commitment.
- 10% rental increases every 5 years, hedging against inflation.
- Located near the signalized intersection of Euclid Avenue and Federal Boulevard with high traffic volume (37,000+ VPD).
- Adjacent to San Diego Marketplace, a 70,000+ SF neighborhood center anchored by dd’s Discounts, Dollar Tree, Planet Fitness, and Rent‑A‑Center.
- Dense 5‑mile trade area with 651,000+ residents and affluent average household incomes of $110,000+.
Overview
The property is a freestanding, net-net (NN) leased Red White & Blue Thrift Store located in San Diego, California. The tenant, Valley Thrift Store, LLC, has a 10-year lease with two 5-year options to extend. The lease includes 10% rental increases every 5 years throughout the initial term and at the beginning of each option period. The lease is NN with limited landlord responsibilities. Red White & Blue Thrift Stores operate in 30 locations across the U.S., offering second-hand items including apparel and home furnishings. The property is located near the intersection of Euclid Avenue and Federal Boulevard, with traffic exceeding 37,000 vehicles per day. It benefits from access to Interstate 805, Highway 94, and Highway 15. The site is adjacent to San Diego Marketplace, a neighborhood center anchored by dd’s Discounts, Dollar Tree, Planet Fitness, and Rent-A-Center. Nearby tenants include Costco, The Home Depot, Food4less and Goodwill. The site is located less than 4 miles from San Diego State University, which has a student population of over 41,000 and nearly 7,000 faculty and staff members. The property is approximately 6 miles from San Diego International Airport, which served 25.24 million passengers in 2024. It is within walking distance of apartment complexes such as Hillside Views (300 units), Harbor Vista (272 units), and Las Palmas Villas (110 units). The surrounding 5-mile trade area includes over 651,000 residents and 259,000 daytime employees with average household incomes exceeding $110,000. The property size is 30778 square feet.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Storefront properties
Location Insight
- Map
- Local Demand
- City
- San Diego
- County
- San Diego
- State
- California
- Longitude
- -117.0834858
- Latitude
- 32.7225873
Nearby Similar for Sale
FAQs
What type of property is this?
Storefront property - NN leased Red White & Blue Thrift Store for sale.
Where is this storefront property located?
The property is located at 1655 Euclid Ave San Diego, CA.
What is the asking price?
The asking price for this property is $10,680,000.
What are key features of this property?
This property features: NN lease with limited landlord responsibilities, ideal for passive investors.; Tenant recently signed a **10‑year lease with options to extend**, demonstrating long‑term commitment.; **10% rental increases every 5 years**, hedging against inflation.
