Freestanding For Sale • 35,000 SF
| High Current Yield 6.70% cap rate—significantly above typical coastal net lease assets |
| Long-Term Income Security Newly executed 16-year lease with renewal options |
| Durable Real Estate Fundamentals Large-format retail building with re-tenanting flexibility |
| Strategic Structure Advantage Leasehold interest enhances yield while maintaining long-term site control |
| Cap Rate: | 6.70 % |
| Tenant | SF Occupied | Lease End Date |
|---|---|---|
| LA Fitness |
| Commuter Rail | Drive | Walk | Distance |
|---|---|---|---|
| Carlsbad Poinsettia (Coaster - San Diego North County Transit District (Coaster/Sprinter/Breeze)) | 19 min | - | 9.8 mi |
| Transit/Subway | Drive | Walk | Distance |
| Buena Creek (Sprinter - San Diego North County Transit District (Coaster/Sprinter/Breeze)) | 2 min | 12 min | 0.7 mi |
| Parking Available: | Yes |
| Reserved: | No |
| Type: | Surface |
| Included in Rent: | Yes |