Altignis Treatment Facility

San Diego, CA

Key Details

Price:$8,169,000
Cap Rate:6.75%
Annual Rent:$551,408
Address:4850 67th Street, San Diego, California 92115
Property Type:Specialty
Lease Type:Triple Net (NNN)

Property Data

Original Lease Term:20 Years
Lease Expiration:20 Years from Close of Escrow
Lease Term Remaining:20 Years
Rental Increases:2.00% Annually
Lot Size:0.82 Acres
Building Size:10,475 SF
Year Built:1969
Year Renovated:2024
NNN Pro is pleased to present the exclusive listing for a Altignis Treatment Facility located at 4850 67th Street, San Diego, California 92115. The site consists of roughly 10475 rentable square feet of building space on an estimated 0.82-acre parcel of land. This Altignis Treatment Facility is subject to a 20-year Triple Net (NNN) lease, which will commence upon close of escrow. The annual rent will be $551,408 and has scheduled increases of 2.00% Annually.

About the Investment

  • Brand New, 20-Year NNN Lease 20 Year Lease | Commencing at Close of Escrow with 4, 5-Year Options
  • Strong Rental Increases | 2.00% Annually In Base Term and In Options
  • Situated in an Affluent Community | Average Household Income within a Five-Mile Radius Exceeds $96,500

Talk to the Pros

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Glen Kunofsky

gkunofsky@nnnpro.com
License: NY: 49KU1129178
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Alexandre Marietto

amarietto@nnnpro.com
License: NY: 10401294047
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Amelia Haydock

ahaydock@nnnpro.com
License: NY: 10401334976
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Howard Curd

hcurd@nnnpro.com
License: NY: 10401339720

Broker of Record

Brian Brockman

Bang Realty-California, Inc
License: 2154562
This information has been obtained from sources believed reliable. We have not verified it and make no guarantee, warranty or representation about it. Any projections, opinions, assumptions or estimates used are for example only and do not represent the current or future performance of the property. You and your advisors should conduct a careful, independent investigation of the property to determine to your satisfaction the suitability of the property for your needs.