For Sale
$6,266,669
9449 Kearny Mesa RdSan Diego, CA 92126
- Added:
- Dec 11, 2024
- Days on market:
- 124
Highlights
- 2,200 SF Starbucks with drive-thru and patio seating in Miramar, San Diego, under a new 20-year absolute NNN ground lease commencing October 8, 2023.
- Extremely rare Starbucks ground lease with zero landlord responsibilities; tenant responsible for all taxes, insurance, maintenance, and repairs.
- Lease features 10% rent increases every five years throughout the primary term and two ten-year renewal options.
- Investment-grade credit tenant: Starbucks Corporation (SBUX), rated BBB+ by Standard & Poor's.
- High-traffic location: Prominent freeway visibility on I-15 (daily traffic exceeding 285,000 vehicles) and signalized intersection on Miramar Road (daily traffic exceeding 57,853 vehicles).
- Two large pylon signs, one visible from I-15, provide excellent visibility.
Property Details for 9449 Kearny Mesa Rd
- Property type
- Retail properties
- Square Feet
- 2,200 SF
- Year Built
- 2023
- Buildings
- 1
- Stories
- 1
- Lot Size (sq. ft)
- 34,412 SF
Location Insight
- City
- San Diego
- County
- San Diego
- State
- California
- Latitude
- 32.8943149
- Longitude
- -117.1179728
9449 Kearny Mesa Rd, San Diego, California
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FAQs
- Where is the retail property located?
- The property is located at 9449 Kearny Mesa Rd San Diego, CA.
- What is the asking price?
- The asking price for this property is $6,266,669.
- What are key features of this property?
- This property features: 2,200 SF Starbucks with drive-thru and patio seating in Miramar, San Diego, under a new 20-year absolute NNN ground lease commencing October 8, 2023.; Extremely rare Starbucks ground lease with zero landlord responsibilities; tenant responsible for all taxes, insurance, maintenance, and repairs.; Lease features 10% rent increases every five years throughout the primary term and two ten-year renewal options.
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