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11845 Carmel Mountain Rd
San Diego, CA 92128

$7,203,000 USD

Drugstore For Sale  •  23,650 SF

Property Details

  • Property Type Drugstore
  • Total Building Size 23,650 SF
  • Lot Size 2.18 AC
  • Building Class C
  • Year Built 2004
  • Cap Rate 5.75 %
  • Tenancy Single
  • Zoning CN-1-2
29 Transit Score
77 Walk Score

Highlights

High Profile SoCal Asset - 52K Vehicles Per Day
Infill Location - Grocery-Anchored Shopping Center
Dense Retail Corridor - Ralph's, Trader Joe's, Home Depot
235K Residents Within 5-Miles - Affluent Average HHI of $199K
Corporately Guaranteed Lease - Below Market Rent
Triple Net (NNN) Lease - Exercised 5-Year Option (Jan 2025)
Cap Rate: 5.75 %

Major Tenants

Tenant SF Occupied Lease End Date
Rite Aid

Public Transportation

AirportDriveWalkDistance
San Diego International 29 min - 20.7 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 95
Type: Surface
Included in Rent: Yes
Ian Schroeder 949-345-0970 CBRE, Inc.
Ian Schroeder 949-345-0970 CBRE, Inc.