Documents
Attributes
| Year Built | 2006 |
| Building Area Net |
|
Asset Description
JLL, as exclusive advisor, is pleased to offer the extraordinary opportunity to purchase the fee simple interest in Walgreens and Starbucks (the “Property”), located in one of the most dynamic residential markets of San Diego, California. The Property is strategically located in a major retail trade area with daily traffic counts exceeding 24,000 on University Ave and less than half a mile away from
the I-805 freeway, boasting over 170,000 vehicles per day. Within a three-mile radius of the Property there are over 274,000 residents with an average annual household income of over $90,500.
Investment Highlights
- Premier Tenancy
- Affluent & Extremely Infill Trade Area
- Ease of Management
- Infill Location with Superior Access & Dedicated Parking
- Strong Long-Term Development Potential Creates Embedded Value & Optionality
- Long Term Downside Protection Through Land Upside
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