2540 Congress St. FOR SALE...Old Town San Diego, where Interstate 5 and Interstate 8 meet, is...
Transcript of 2540 Congress St. FOR SALE...Old Town San Diego, where Interstate 5 and Interstate 8 meet, is...
2540 Congress St. FOR SALESan Diego, CA 92101
Kevin Sadrieh
619.920.0980
License 01797409
Aerial Picture
Summary
Presenting a unique opportunity to acquire a BRAND NEW fully built out resturant BUILDING AND LAND, a nice sized lot (5,000
SF) in one of San Diego’s most visited communities. Old Town San Diego, where Interstate 5 and Interstate 8 meet, is nestled in
the heart of San Diego. Old Town is just across the street from the San Diego Trolley Old Town Transit Center, across the
freeway from the Marine Corps Recruit Depot (MCRD) and a short drive from most San Diego destinations.
INVESTMENT HIGHLIGHTS
• Asking Price $1,710,1000
• 5%-6% CAP Potential (Market CAP in Old Town is in the 4% range)
• STRONG, STABLE RETURN ON INVESTMENT
• Trophy Property – Strong tenant demand
• Mixed use future development opportunity, value add potential
• Rarely Available stand alone building with parking
• New Improvements never been occupied
• Barriers to entry
• LOCATION, LOCATION, LOCATION
This information has been secured from sources we believe to be reliable, but we make no
representations or warranties, expressed or implied, as to the accuracy of the information.
References to square footage or age are approximate income. Buyer must verify the information
and bears all risk for any inaccuracies.
Building Highlights
Aprox. Building Size 1,079 SFAprox Rentable SF 2,000 SFLot Size 5,395 SFZoning OTCC-2-2
Value Add: Enough area to add residential dwelling for
larger return on investment
Building features unique visibility 6M Annual visitors
Brand New Improvements