Business Summary

STRONG 5.59% CAP Rate – Retail Lot In San Diego!
Hurry And Grab This Retail Lot With Long Term Stable Tenants In San Diego County - ONLY $1,999,000!

Primary Features:
* Retail Corner Lot In San Diego Available!
* Fully Leased With Two Tenants!
* 7-Eleven & Coin Laundromat!
* Lot Size Is 17,267 Square Feet!
* Building Size Is 4,400 Square Feet!
* Expensive Improvements For Both Tenants!
* Minimizes Moved Out Risk!
* New 5-Year Lease Terms!
* This 7-Eleven Store Has Been In This Location For Over 35 Years!
* 7-Eleven Lease Just Commenced In September 2013!
* 7-Eleven Lease Expires In August 2018!
* 7-Eleven Lease Has Three 5-Year Options To Renew!
* 7-Eleven Current Base Rent Is $6,600 Per Month!
* The Laundromat Tenant Has Been In Operation For Over 20 Years!
* Laundromat New Lease Commencement In January 2014!
* Laundromat Lease Will Expires In December 2018!
* Laundromat Lease Has Three 5-Year Options To Renew!
* Ideal Demographics For Convenience Store & Laundromat!
* High Traffic Approximately 30,000 Cars Per Day!
* Great Access To Freeway!
* Two Miles From San Diego University!
* Major Retails Brands Nearby!
* Walmart, Target, Sam’s Club & 24 Fitness In the Vicinity!

Benefits:
* Rare Corner Location At Signalized Intersection!
* Multiple Tenancy!
* AA-Credit Tenant Convenience Store Gas Station!
* Extremely Long Term Stable Occupancy!
* Recession Proof Tenancies!
* Strong NNN Leases!
* Minimal Landlord Responsibilities!
* Fantastic Retail Location!
* High CAP Rate Over 5.5%!
* Great Price To Acquire A Low Risk Leasable Lot!
* Rare Find NNN Lease Investment Opportunity!
* Become A Retail Lot Owner Today!
* MUST SEE!

Financials:
* Property Type: Retail
* No. Of Story: 1
* Occupancy 100%
* Annual Gross: Call Broker
* Net Operating Income: $111,762 [Year 1 Projection]
* CAP Rate: 5.59%

BIZ Analysis / Recommendations:
Call Your Representative Today At 1-800-727-2100 Option 1 [Real Estate Department].

Property Details