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5322 El Cajon Blvd

2,500 SF of Retail Space Available in San Diego, CA 92115

Highlights

  • The property was a former McDonald’s restaurant building with a drive-thru on it, that was subsequently converted to a Yoshinoya (which also closed).
  • The property is located 1 mile from San Diego State University with a student and faculty population of ±40,000.
  • Unique opportunity to take advantage of the Complete Communities Program which has a 6.5 FAR. See Pages 14-15.
  • The underlying ground lease from McDonald’s expires in 2026. See Page 8.
  • Rare opportunity for retail uses including drive thru fast food and carwash. See pages 10-11.
  • Numerous amenities within this walkable College Area with grocery store, restaurants and entertainment. Walking score of 84.

Space Availability (1)

Display Rent as

  • Space
  • Size
  • Term
  • Rent
  • Service Type
  • 1st Floor
  • 2,500 SF
  • Negotiable
  • £94.20 /SF/PA £7.85 /SF/MO £1,014 /m²/PA £84.50 /m²/MO £235,497 /PA £19,625 /MO
  • TBD
Space Use
Retail
Condition
Full Build-Out
Availability
Now

• The property was a former McDonald’s restaurant building with a drive-thru on it, that was subsequently converted to a Yoshinoya (which also closed). The underlying ground lease from McDonald’s expires in 2026. See Page 8. • The property is located 1 mile from San Diego State University with a student and faculty population of ±40,000. • Rare opportunity for retail uses including drive thru fast food and carwash. See pages 10-11. • Unique opportunity to take advantage of the Complete Communities Program which has a 6.5 FAR. See Pages 14-15. • Numerous amenities within this walkable College Area with grocery store, restaurants and entertainment. Walking score of 84. • El Cajon Boulevard is on the MTS Rapid Bus Service Corridor. This provides a direct, one-seat ride between SDSU and Downtown San Diego via El Cajon Boulevard and Park Boulevard, traveling through City Heights and the North Park communities and connection to Downtown and Balboa Park. Also close to the SDSU Trolley Transit Station. • Easy access to I-8, hospitals and regional destinations.

  • Fully Built-Out as a Fast Food Restaurant
  • Space is an outparcel at this property
  • Drive Thru
Space Size Term Rent Service Type
1st Floor 2,500 SF Negotiable £94.20 /SF/PA £7.85 /SF/MO £1,014 /m²/PA £84.50 /m²/MO £235,497 /PA £19,625 /MO TBD

1st Floor

Size
2,500 SF
Term
Negotiable
Rent
£94.20 /SF/PA £7.85 /SF/MO £1,014 /m²/PA £84.50 /m²/MO £235,497 /PA £19,625 /MO
Service Type
TBD
Space Use
Retail
Condition
Full Build-Out
Availability
Now

• The property was a former McDonald’s restaurant building with a drive-thru on it, that was subsequently converted to a Yoshinoya (which also closed). The underlying ground lease from McDonald’s expires in 2026. See Page 8. • The property is located 1 mile from San Diego State University with a student and faculty population of ±40,000. • Rare opportunity for retail uses including drive thru fast food and carwash. See pages 10-11. • Unique opportunity to take advantage of the Complete Communities Program which has a 6.5 FAR. See Pages 14-15. • Numerous amenities within this walkable College Area with grocery store, restaurants and entertainment. Walking score of 84. • El Cajon Boulevard is on the MTS Rapid Bus Service Corridor. This provides a direct, one-seat ride between SDSU and Downtown San Diego via El Cajon Boulevard and Park Boulevard, traveling through City Heights and the North Park communities and connection to Downtown and Balboa Park. Also close to the SDSU Trolley Transit Station. • Easy access to I-8, hospitals and regional destinations.

  • Fully Built-Out as a Fast Food Restaurant
  • Space is an outparcel at this property
  • Drive Thru

Rent Types


The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing agent for a full understanding of any associated costs or additional expenses for each rent type.

1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.

2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.

3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.

4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.

5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.

6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.

7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.

PROPERTY FACTS FOR 5322 El Cajon Blvd , San Diego, CA 92115

Property Type Retail
Property Subtype Fast Food
Gross Internal Area 2,500 SF
Year Built 2005
Parking Ratio 8.8/1,000 SF

About the Property

Flocke & Avoyer Commercial Real Estate is pleased to present a for sale or for lease opportunity located at 5322 El Cajon Blvd., in a prime location within the college area of San Diego. THREE POSSIBILITIES: • High Density Multi-Family • NNN Lease Investment Opportunity • 2nd Generation Restaurant Owner/User

  • Bus Route
  • Pylon Sign
  • Signage
  • Drive Thru
Walk Score ®
Very Walkable (83)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

Nearby Major Retailers

Grocery Outlet
Lee's Sandwiches
IHOP
Loving Hut
Crunch
Food 4 Less
California Coast Credit Union
Citi
San Diego County Credit Union
Vons
  • Listing ID: 28999927

  • Date on Market: 14/07/2023

  • Last Updated:

  • Address: 5322 El Cajon Blvd, San Diego, CA 92115

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