2325 Roll Dr
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2325 Roll Dr
3,000 SF Retail Building San Diego, CA 92154 £2,986,382 (£995/SF) 5% Net Initial Yield
Investment Highlights
- Highly visible freestanding building
- Located 1 Mile from the Otay Mesa Port Of Entry
Executive Summary
Single Tenant Starbucks Corporate lease with drive thru
Starbucks 5% CAP, 50 BPS higher than average SoCal CAP rate
Largest coffeehouse chain globally with ±38,000 stores in 86 star countries
One of the “World’s Most Admired Companies” by Fortune (2009-2023)
Highly visible freestanding building
Located 1 Mile from the Otay Mesa Port Of Entry and benefit from the cross border retail traffic in Tijuana Mexico, Mexico’s sixth largest city with over 1.7 million residents. Located off of the 905 freeway and within close proximity to both North/South freeways to and from Mexico (805 and 125 Toll-road)
86,481 Population base in trade area with limited daily needs nearby
Starbucks 5% CAP, 50 BPS higher than average SoCal CAP rate
Largest coffeehouse chain globally with ±38,000 stores in 86 star countries
One of the “World’s Most Admired Companies” by Fortune (2009-2023)
Highly visible freestanding building
Located 1 Mile from the Otay Mesa Port Of Entry and benefit from the cross border retail traffic in Tijuana Mexico, Mexico’s sixth largest city with over 1.7 million residents. Located off of the 905 freeway and within close proximity to both North/South freeways to and from Mexico (805 and 125 Toll-road)
86,481 Population base in trade area with limited daily needs nearby
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Bank
Building Size
3,000 SF
Building Class
C
Year Built
2011
Price
£2,986,382
Price Per SF
£995
Net Initial Yield
5%
NOI
£149,319
Tenancy
Single
Number of Floors
1
Building FAR
0.07
Lot Size
0.99 AC
Zoning
C - COMMERCIAL
Parking
45 Spaces (15 Spaces per 1,000 SF Leased)
Frontage
108 ft on Roll Dr
Amenities
- Signage
Nearby Major Retailers
1 of 12
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2325 Roll Dr
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