Property summary
This exceptional investment opportunity presents a turnkey liquor store and convenience store in Poway, California. Located at 12329 Poway Rd, 92064, this 2,000 square foot business boasts a strong financial performance, with a Net Operating Income (NOI) of $90,000 and a 22.50% cap rate. The property features a full liquor license, a recently renovated interior including 22-24 refrigerator doors, and benefits from a 15-year lease with rent bumps. Situated in a busy shopping center alongside established businesses like 99 Cents Only Stores and Smart & Final, the location ensures high foot traffic and excellent visibility. The business currently generates approximately $650,000 in monthly gross sales, with online sales adding $5,000-$10,000 monthly. The asking price is $400,000 ($200/sq ft), and does not include inventory (estimated at $150,000-$175,000). The property includes three parking spaces and is 100% occupied. This is a multi-tenancy property with a triple net (NNN) lease. The business employs one full-time and one part-time employee, with monthly payroll between $5,500 and $6,000, including owner compensation. This is an ideal owner-user investment in a high-demand retail area.
Property profile
VerifiedCap rate & NOI
Current use
-
(Bike/Boat/Book/etc) Store Wine and Liquor Store
-
Bar & Pub
-
Atm
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
Find the owner behind the property.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
Registration is required before any owner information is shown.
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Ownership
- Location Insight
- Alternative use
- Local Zoning Insight
Cancel anytime.
- 30 reports a month
- Location Analytics
- Market Trends
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Ownership
- Location Insight
- Alternative use
- Local Zoning Insight
Cancel anytime.
- 300 reports a month
- Location Analytics
- Market Trends
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Ownership
- Location Insight
- Alternative use
- Local Zoning Insight
and get 1 Light Report
- Property Information
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Potential
- Location Insight
- Alternative use
- Local Zoning Insight