Arby’s – 3777 Midway Drive
San Diego, CA 92110

Price: | $3,200,000 | Tenant: | Arby’s |
Bldg SF: | 1,793 SF | Price/SF: | $1,785 |
Land SF: | 12,091 SF | Lease Type: | NNN |
CAP Rate: | 4.13% | Property Type: | Retail |
Click to View Offering MemorandumClick to Print Offering Memorandum
Exclusively Listed by:
Brandon Michaels
(818) 212-2794
bmichaels@marcusmillichap.com
License # 01434685
Steven Schechter
(818) 212-2793
Steven.schechter@marcusmillichap.com
License # 01089464

Address: Arby’s – 3777 Midway Dr, San Diego, CA 92110
Price: $3,200,000
Bldg SF: 1,793 SF
Land SF: 12,091 SF
CAP Rate: 4.13%
Price/SF: $1,785
Property Type: Retail
Click to View Offering MemorandumClick to Print Offering Memorandum
Exclusively Listed by:
Brandon Michaels
(818) 212-2794
bmichaels@marcusmillichap.com
License # 01434685
Steven Schechter
(818) 212-2793
Steven.schechter@marcusmillichap.com
License # 01089464


Investment Highlights
Excellent San Diego Location
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Prime Point Loma location in the heart of one of San Diego’s densest and most affluent sub-markets
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Excellent Visibility and Frontage
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High daily traffic counts along a major San Diego thoroughfare
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Located on a signalized corner on Midway Drive
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Within 1-mile of the I-8 Freeway
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Within .5 Miles of the Pechango Arena
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Walk Score of 73/100, a very walkable area
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Transit score of 43
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Located along Bus Route
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National Retailers in Immediate Area Include Home Depot, Marshalls, Bank of America, Wendy’s, McDonald’s, Jack in the Box
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Traffic Counts in Excess of 20,000 vehicles per day
Stable and Secure Income Stream with Strong Guarantee
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33 Unit Arby’s Franchisee with Personal Guaranty for Five Years
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Arby’s has over 3500 locations Worldwide
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NNN Lease expires 2035 with three – 5 year options
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Rental increases of 10% every five years
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Management Free Investment
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Scheduled to do full renovation by 2023
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Rare opportunity to acquire a drive-thru restaurant site in San Diego
Strong Immediate Demographics & Population Density
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Average household Income of $91,605 within 1-Mile Radius
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Over 113,289 people within a 3- mile radius
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Strong Local Economy with significant job growth over a multitude of diverse sectors