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409 Euclid Ave San Diego, CA 92114

Sponsored
For Sale
$2,935,000

Prime San Diego Jamba location, high NOI.

Property size:
1,800 SF

Description

Added:
Dec 11, 2024
Days on Market:
393
This exceptional investment opportunity presents a brand-new, 1,800 square foot Jamba Juice drive-thru restaurant in San Diego, California. Located at 409 Euclid Ave, San Diego, CA 92114 (APN 548-051-18-00), this single-tenant, net-leased property boasts a 10-year lease with 10 years remaining, offering a strong and stable income stream. The property features a 100% occupancy rate and a substantial net operating income (NOI) of $135,000, resulting in a compelling 4.60% cap rate. The asking price is $2,935,000, translating to a price per square foot of $1,630.56. Built in 2024, this 14,972 square foot lot enjoys a highly visible, signalized corner location on Euclid Avenue, directly across from a busy trolley and bus station. The property benefits from its proximity to a major shopping center anchored by Food 4 Less, as well as a recently opened 65,000 square foot County health facility. This densely populated area is experiencing significant growth, with numerous new multi-family residential, medical office, and retail developments underway. The tenant, Jamba, is an established operator with a proven track record. This property is available for sale individually or as part of a larger portfolio. The property is a strong investment opportunity due to its location, tenant, and lease terms.

Property Features for 409 Euclid Ave

General Information

Property type
Restaurants
Square Feet
1,800 SF

Building Details

Year Built
2024
Units
1

HighLights

  • Brand‑new, 1,800 SF Jamba Juice drive‑thru, San Diego, CA. 10‑year net lease with 10 years remaining; $135,000 NOI, 4.60% cap rate. Asking price: $2,935,000 ($1,630.56/SF).
  • Triple‑net (NNN) lease with minimal landlord responsibilities.
  • High‑traffic location across from a busy trolley and bus station.
  • Strong growth area with numerous new multi‑family, medical, and retail developments; 600+ new multi‑family units planned within 0.5 miles.
  • Across from a 100% leased, 81,000 SF shopping center anchored by Food 4 Less.
  • Adjacent to a new 65,000 SF County Health Facility (opened September 2023).
Property Profile Location Intelligence

Current Use by Public Records

Commercial real estate

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.

Location Insight

  • Map
  • Local Demand
City
San Diego
County
San Diego
State
California
Longitude
-117.08497549065
Latitude
32.708901761306

FAQs

What type of property is this?
Restaurant - Prime San Diego Jamba location, high NOI.
Where is this restaurant located?
The property is located at 409 Euclid Ave San Diego, CA.
What is the asking price?
The asking price for this property is $2,935,000.
What are key features of this property?
This property features: Brand-new, 1,800 SF Jamba Juice drive-thru, San Diego, CA. 10-year net lease with 10 years remaining; $135,000 NOI, 4.60% cap rate. Asking price: $2,935,000 ($1,630.56/SF).; Triple-net (NNN) lease with minimal landlord responsibilities.; High-traffic location across from a busy trolley and bus station.
More about this property
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