Retail

Walgreens - San Diego

3202-3222 University Ave San Diego, California United States 92104-2010
Asking Price
Area Size
NOI Net Operating Income N/A
NIY N/A

Documents

I accept the confidentiality agreement
Create an account on the Investor Center to save your search and investment preferences, save and share opportunities, access exclusive documents, and more. More questions? Visit our FAQ. Approval for Deal Room access requires review by our Broker Team. You will be notified by email once your access is granted. More questions? Visit our FAQ. You'll need to sign a Confidentiality Agreement (CA) to access exclusive documents in the Deal Room. Signing the CA means you agree not to divulge or release sensitive information related to this property. More questions? Visit our FAQ.
I accept the confidentiality agreement I accept the confidentiality agreement
Create an account on the Investor Center to save your search and investment preferences, save and share opportunities, access exclusive documents, and more. More questions? Visit our FAQ. You'll need to sign a Confidentiality Agreement (CA) to access exclusive documents in the Deal Room. Signing the CA means you agree not to divulge or release sensitive information related to this property. More questions? Visit our FAQ.

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
Last Updated Date: 11 Aug 2022

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Last Updated Date: 11 Aug 2022

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