3726 Del Sol Blvd San Diego, CA 92154-3538
- Turn key restaurants
- 1,218 SF
- 0.67 lot acres
Current Use by Public Records
- Church's Texas Chicken / Chicken Restaurant / Family Restaurant
Property Details for 3726 Del Sol Blvd
- Year built
- 1984
- Lot size
- 0.67 lot acres
- Property size
- 1,218 SF
- Zone code
- COMMERCIAL
- Property type
- Turn key restaurants
- APN
- 630-280-04-00
- APU
- 6302800400
Description
This exceptional investment opportunity features a Church's Chicken restaurant located at 3726 Del Sol Blvd, San Diego, CA 92154. The property boasts 1,228 square feet on a 0.67-acre lot and is subject to a triple-net (NNN) lease with a corporate guarantee. The lease, originally signed on December 28, 2004, has a remaining term of approximately 10.1 years, expiring December 27, 2034. The current annual rent is $74,077, with a built-in 1.5% annual rent increase. This translates to a compelling cap rate of 3.71% and a price per square foot of $1,625.41. The property's strong tenant, long-term lease, and consistent rental income make it an attractive addition to any investment portfolio. Built in 1984, this 100% occupied property offers a secure and stable investment with significant upside potential. The property's location in San Diego, California, provides access to a large and growing customer base. This is a rare opportunity to acquire a well-established, high-performing quick-service restaurant in a prime location. The property's financial performance is supported by a strong NOI of $74,077.
Value Estimations
-
AI approach
- Method
- Estimation
- ML approach
- $265,000
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Location Insight
- Map
- Local Demand
- City
- San Diego
- County
- San Diego
- State
- California
- Longitude
- -117.054
- Latitude
- 32.5738
- CBSA code
- 41740
- CBSA name
- SAN DIEGO-CARLSBAD-SAN MARCOS, CA METROPOLITAN STATISTICAL AREA