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
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 |
Talk to the Pros
Glen Kunofsky
gkunofsky@nnnpro.com
License: NY: 49KU1129178
Alexandre Marietto
amarietto@nnnpro.com
License: NY: 10401294047
Amelia Haydock
ahaydock@nnnpro.com
License: NY: 10401334976
Howard Curd
hcurd@nnnpro.com
License: NY: 10401339720
Broker of Record
Brian Brockman
Bang Realty-California, Inc
License: 2154562
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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.