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Property profile & analytics
OFF-MARKET
Specialty properties

12329 Poway Rd Poway, CA 92064

2,000 SF
Property ID
Property summary
AI-generated overview

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
Verified
Property type Specialty properties
Total area 2,000 SF
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Distillers Outlet Liquor (Bike/Boat/Book/etc) Store Wine and Liquor Store
  • Coco Cocktail Bar & Pub
  • Quad Coin Bitcoin ATM Atm
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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