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Auto Dealership

Mazda Dealership & Service Center | Trophy San Diego Legacy Asset w/ I-805 Freeway Frontage | NNN

6999 Clairemont Mesa Blvd, San Diego, CA 92111

Listing Price: $23,000,000

Cap Rate
5.02%
Tenant Name
Mazda
Years Remaining On Lease
17.4
Gross SF
28,444
Guarantor
Corporate Guarantee
Rentable SF
28,444
Price/Gross SF
$808.61
Lease Type
Absolute Net
Rent Per Square Feet
$40.61

Investment Overview

Exclusive Investment Offering
Marcus & Millichap is proud to present the Mazda Dealership in San Diego, California — a brand-new 2024 construction situated on a ±4.20-acre parcel at the highly visible intersection of Interstate 805 and Clairemont Mesa Boulevard. This premier asset represents a trophy-quality, generational investment opportunity to acquire an absolute NNN automotive dealership in one of Southern California’s most desirable and supply-constrained infill markets.

Exceptional Lease and Tenant Strength
The property is leased to Hello Auto Holdings, operating as a Mazda dealership under a 17+ year absolute net lease with zero landlord responsibilities and 10% rent escalations every five years. The lease includes a personal guarantee from Hello Auto’s founding principals, providing additional security and financial strength from a proven, multi-state automotive operator.

Premier Location and Market Fundamentals
Positioned at the gateway to San Diego’s Kearny Mesa and Clairemont trade areas, the dealership enjoys outstanding visibility, strong daytime demographics, and average household incomes exceeding $118,000 within one mile. The property is surrounded by major retailers, healthcare facilities, and complementary automotive users, drawing consistent consumer traffic from both Interstate 805 and Clairemont Mesa Boulevard, which together carry over 196,000 vehicles daily.

Investment Highlights
With brand-new construction, a long-term absolute NNN lease, and a financially strong tenant, this offering provides investors a truly passive, income-secure asset positioned for long-term growth and stability in the heart of San Diego’s premier automotive corridor.

Investment Highlights

  • Brand-New 2024 Construction – High-Quality, Purpose-Built Mazda Dealership with State-of-the-Art Design and Showroom Finishes.
  • 17+ Year Absolute NNN Lease (Zero Landlord Obligations) Featuring 10% Rental Increases Every 5 Years.
  • Trophy Location with Freeway Frontage – Premier Automotive Site at the Intersection of I-805 & Clairemont Mesa Blvd (196,000 VPD).
  • Dense Trade Area – Over 317,000 Residents Within a 5-mile Radius, Providing Strong Consumer Demand and Consistent Traffic.
  • Affluent Demographics – Average Household Income of $119,449 Supports a High-Spending Customer Base.
  • Generational Automotive Investment – Long-Term Tenancy and Strategic Positioning in one of California's Most Constrained, High-Barrier Markets.

Exclusively Listed By

  • Alvin N. Mansour

    Executive Managing Director Investments

    (858) 373-3184

    Email Alvin

    License(s): CA: 01391653, TX: 0606255

    San Diego Downtown

  • Jon Talia

    Managing Director Investments

    (858) 373-3186

    Email Jon

    License(s): CA: 02031343

    San Diego Downtown

Auto Dealership

Mazda Dealership & Service Center | Trophy San Diego Legacy Asset w/ I-805 Freeway Frontage | NNN

Listing Price: $23,000,000

Cap Rate
5.02%
Tenant Name
Mazda
Years Remaining On Lease
17.4
Gross SF
28,444
Guarantor
Corporate Guarantee
Rentable SF
28,444
Price/Gross SF
$808.61
Lease Type
Absolute Net
Rent Per Square Feet
$40.61

Investment Highlights

  • Brand-New 2024 Construction – High-Quality, Purpose-Built Mazda Dealership with State-of-the-Art Design and Showroom Finishes.
  • 17+ Year Absolute NNN Lease (Zero Landlord Obligations) Featuring 10% Rental Increases Every 5 Years.
  • Trophy Location with Freeway Frontage – Premier Automotive Site at the Intersection of I-805 & Clairemont Mesa Blvd (196,000 VPD).
  • Dense Trade Area – Over 317,000 Residents Within a 5-mile Radius, Providing Strong Consumer Demand and Consistent Traffic.
  • Affluent Demographics – Average Household Income of $119,449 Supports a High-Spending Customer Base.
  • Generational Automotive Investment – Long-Term Tenancy and Strategic Positioning in one of California's Most Constrained, High-Barrier Markets.

Investment Overview

Exclusive Investment Offering Marcus & Millichap is proud to present the Mazda Dealership in San Diego, California — a brand-new 2024 construction situated on a ±4.20-acre parcel at the highly visible intersection of Interstate 805 and Clairemont Mesa Boulevard. This premier asset represents a trophy-quality, generational investment opportunity to acquire an absolute NNN automotive dealership in one of Southern California’s most desirable and supply-constrained infill markets. Exceptional Lease and Tenant Strength The property is leased to Hello Auto Holdings, operating as a Mazda dealership under a 17+ year absolute net lease with zero landlord responsibilities and 10% rent escalations every five years. The lease includes a personal guarantee from Hello Auto’s founding principals, providing additional security and financial strength from a proven, multi-state automotive operator. Premier Location and Market Fundamentals Positioned at the gateway to San Diego’s Kearny Mesa and Clairemont trade areas, the dealership enjoys outstanding visibility, strong daytime demographics, and average household incomes exceeding $118,000 within one mile. The property is surrounded by major retailers, healthcare facilities, and complementary automotive users, drawing consistent consumer traffic from both Interstate 805 and Clairemont Mesa Boulevard, which together carry over 196,000 vehicles daily. Investment Highlights With brand-new construction, a long-term absolute NNN lease, and a financially strong tenant, this offering provides investors a truly passive, income-secure asset positioned for long-term growth and stability in the heart of San Diego’s premier automotive corridor.

Exclusively Listed By

  • Alvin N. Mansour

    Executive Managing Director Investments

    (858) 373-3184

    Email Alvin

    License(s): CA: 01391653, TX: 0606255

    San Diego Downtown

  • Jon Talia

    Managing Director Investments

    (858) 373-3186

    Email Jon

    License(s): CA: 02031343

    San Diego Downtown

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