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1093 Outer Rd
San Diego, CA 92154 Palm City

$9,716,667 USD

Freestanding For Sale  •  3,885 SF

Property Details

  • Property Type Freestanding
  • Total Building Size 3,885 SF
  • Lot Size 1.72 AC
  • Building Class B
  • Year Built 2022
  • Cap Rate 3.00 %
  • Tenancy Single
  • Zoning CV-1-1
60 Transit Score
50 Walk Score

Highlights

20-Year Absolute Net Ground Lease Featuring 10% Rental Increases Every 5 Years Throughout the Initial Term and Options.
2022 High Quality Construction with Covered Exterior Patio Seating, EV Charging Stations and one of the Largest Drive-Thru Stack in their Chain.
Large Lot with Ample Parking. Densely Populated San Diego Suburb: Features more than 278k People Residing within a 5-Mile Radius.
Great Irreplaceable Real Estate - Location is in one of San Diego County’s Most Recognized Real Estate Markets due in Part to its Central Location.
Rare Opportunity to Acquire an In-N-Out as a Majority are Corporate Owned. International Known Restaurant and One of America’s Favorite Burger Chains.
Positioned Along Area’s Major Retail & Traffic Corridor: Signalized Hard Corner Location - Features Easy Access & Excellent Visibility.
Cap Rate: 3.00 %

Major Tenants

Tenant SF Occupied Lease End Date
In-N-Out Burger 3,885 SF 9/30/2046

Public Transportation

Transit/SubwayDriveWalkDistance
Palm Avenue (Blue Line - San Diego Metropolitan Transit System Trolley (San Diego Trolley)) 3 min 15 min 0.8 mi
AirportDriveWalkDistance
San Diego International 19 min - 15.0 mi
Alvin Mansour 858-373-3184 The Mansour Group of Marcus & Millichap
Alvin Mansour 858-373-3184 The Mansour Group of Marcus & Millichap