2540 Congress St. FOR SALE...Old Town San Diego, where Interstate 5 and Interstate 8 meet, is...

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2540 Congress St. FOR SALE San Diego, CA 92101 Kevin Sadrieh 619.920.0980 License 01797409 [email protected]

Transcript of 2540 Congress St. FOR SALE...Old Town San Diego, where Interstate 5 and Interstate 8 meet, is...

Page 1: 2540 Congress St. FOR SALE...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

2540 Congress St. FOR SALESan Diego, CA 92101

Kevin Sadrieh

619.920.0980

License 01797409

[email protected]

Page 2: 2540 Congress St. FOR SALE...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

Aerial Picture

Page 3: 2540 Congress St. FOR SALE...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

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.

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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