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.
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