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Grocery Store

Smart & Final

13439 Camino Canada, El Cajon, CA 92021

Listing Price: $26,168,758

Cap Rate
4.75%
Tenant Name
Smart & Final
Years Remaining On Lease
12.8
Guarantor
Corporate Guarantee
Rentable SF
56,731
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$21.91

Investment Overview

Marcus & Millichap is pleased to present the exclusive listing for a Smart & Final located at 13439 Camino Canada in El Cajon, California. The site constructed in 1996 and consists of roughly 56,731 rentable square feet of building space on estimated 6.29-acre parcel of land. This Smart & Final is subject to an original long term, 20-year triple-net (NNN) lease, which commenced on 12/18/2015. The current annual rent is$1,243,016. There are Two (2), Ten (10)-year tenant renewal options.

Investment Highlights

  • The 33rd Most Trafficked Smart & Final According to Placer AI
  • Original Long Term 20-Year Absolute Triple Net (NNN) Lease; 13 Years Remaining
  • Attractive 2% Annual Rental Increases; Strong Inflation Hedge

Exclusively Listed By

  • Glen D. Kunofsky

    Licensed Associate Real Estate Broker

    (212) 430-5115

    Email Glen

    License(s): NY: 10301203289, NY: 109940808

    Manhattan

Broker of Record

  • Jim Markel

    First Vice President/Regional Manager

    (818) 212-2700

    License(s) CA: 01253407

    California

Grocery Store

Smart & Final

Listing Price: $26,168,758

Cap Rate
4.75%
Tenant Name
Smart & Final
Years Remaining On Lease
12.8
Guarantor
Corporate Guarantee
Rentable SF
56,731
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$21.91

Investment Highlights

  • The 33rd Most Trafficked Smart & Final According to Placer AI
  • Original Long Term 20-Year Absolute Triple Net (NNN) Lease; 13 Years Remaining
  • Attractive 2% Annual Rental Increases; Strong Inflation Hedge

Investment Overview

Marcus & Millichap is pleased to present the exclusive listing for a Smart & Final located at 13439 Camino Canada in El Cajon, California. The site constructed in 1996 and consists of roughly 56,731 rentable square feet of building space on estimated 6.29-acre parcel of land. This Smart & Final is subject to an original long term, 20-year triple-net (NNN) lease, which commenced on 12/18/2015. The current annual rent is$1,243,016. There are Two (2), Ten (10)-year tenant renewal options.

Exclusively Listed By

  • Glen D. Kunofsky

    Licensed Associate Real Estate Broker

    (212) 430-5115

    Email Glen

    License(s): NY: 10301203289, NY: 109940808

    Manhattan

Broker of Record

  • Jim Markel

    First Vice President/Regional Manager

    (818) 212-2700

    License(s): CA: 01253407

    California

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