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Car Wash

7-Eleven & Washman

2576 Clairemont Dr, San Diego, CA 92117

Listing Price: $6,525,000

Cap Rate
4.50%
Tenant Name
7-Eleven & Washman
Years Remaining On Lease
7.3
Guarantor
Corporate Guarantee
Rentable SF
4,419
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$66.44

Investment Overview

Marcus and Millichap is pleased to present the opportunity to acquire two triple net lease 7-Eleven and Washman in San Diego, California. The property consists of a 2,228-square-foot (7-Eleven) and a 2,191-square-foot, freestanding buildings that sit on 0.58 acres of land. There is currently 7.4 years remaining on the lease for 7-Eleven and 12.3 years remaining on the lease for Washman. Broker of Record for San Diego, CA: Damon Wyler; (858) 373-3100; License #: 01253074

Investment Highlights

  • Signalized Hard Corner Location on Clairemont Drive and Denver Street (34,000 Vehicles Per Day)
  • Near Interstate 5, a Major Route Where Traffic Counts Exceed 210,000 Vehicles Per Day
  • Next to The Upcoming 175,00-SF Bayview Development
  • Average Household Income is $124,524 (Five-Mile Radius)
  • Washman 's Lease Features 10 Percent Rent increases Every Five Years in the Primary and Option Periods
  • Corporate Guaranteed Triple-Net Leases with Limited Landlord Responsibilities
  • Seven Miles to Downtown San Diego and Five Miles to San Diego International Airport (20 Million Passengers Every Year)

Exclusively Listed By

Car Wash

7-Eleven & Washman

Listing Price: $6,525,000

Cap Rate
4.50%
Tenant Name
7-Eleven & Washman
Years Remaining On Lease
7.3
Guarantor
Corporate Guarantee
Rentable SF
4,419
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$66.44

Investment Highlights

  • Signalized Hard Corner Location on Clairemont Drive and Denver Street (34,000 Vehicles Per Day)
  • Near Interstate 5, a Major Route Where Traffic Counts Exceed 210,000 Vehicles Per Day
  • Next to The Upcoming 175,00-SF Bayview Development
  • Average Household Income is $124,524 (Five-Mile Radius)
  • Washman 's Lease Features 10 Percent Rent increases Every Five Years in the Primary and Option Periods
  • Corporate Guaranteed Triple-Net Leases with Limited Landlord Responsibilities
  • Seven Miles to Downtown San Diego and Five Miles to San Diego International Airport (20 Million Passengers Every Year)

Investment Overview

Marcus and Millichap is pleased to present the opportunity to acquire two triple net lease 7-Eleven and Washman in San Diego, California. The property consists of a 2,228-square-foot (7-Eleven) and a 2,191-square-foot, freestanding buildings that sit on 0.58 acres of land. There is currently 7.4 years remaining on the lease for 7-Eleven and 12.3 years remaining on the lease for Washman. Broker of Record for San Diego, CA: Damon Wyler; (858) 373-3100; License #: 01253074

Exclusively Listed By

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