Trophy Location with Rooftop Parking

Whole Foods Downtown San Diego

San Diego, CA

Overview

Offering Specifications

  • Price $34,000,000
  • CAP Rate 3.20%
  • Price/SF $1,214.28
  • Net Operating Income $1,087,680
  • Square Footage 28,000
  • Year Built 1997

Essential CRE is pleased to offer for purchase the single tenant net leased Whole Foods grocery store located at 711 University Avenue in Downtown San Diego. The original 10-year lease was executed in 2006 with the with Whole Foods currently in their first of four, 5-year options.  The subject property is 28,000 square feet, resides on 1.09 acres of land, and is situated at a signalized intersection with excellent visibility, access and roof-top parking.  


Team

Brokerage team

Michael Cisternino

Michael Cisternino

Founder & Managing Principal
Essential CRE
925.88.0888
Nick Cole

Nick Cole

Senior Investment Advisor
Essential CRE
925.482.7044