1
1

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

Price: $3,520,000 Tenant: Arby’s
Bldg SF: 1,793 SF Price/SF: $1,963
Land SF: 12,091 SF Lease Type: NNN
CAP Rate:  3.75% 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: $3,520,000
Bldg SF: 1,793 SF
Land SF: 12,091 SF
CAP Rate: 3.75%
Price/SF: $1,963
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

 

  • Prime Point Loma location in the heart of one of San Diego’s densest and most affluent sub-markets

  • Excellent Visibility and Frontage

  • High daily traffic counts along a major San Diego thoroughfare

  • Located on a signalized corner on Midway Drive

  • Within 1-mile of the I-8 Freeway

  • Within .5 Miles of the Pechango Arena

  • Walk Score of 73/100, a very walkable area

  • Transit score of 43

  • Located along Bus Route

  • National Retailers in Immediate Area Include Home Depot, Marshalls, Bank of America, Wendy’s, McDonald’s, Jack in the Box

  • Traffic Counts in Excess of 20,000 vehicles per day

 

Stable and Secure Income Stream with Strong Guarantee

 

  • 33 Unit Arby’s Franchisee with Personal Guaranty for Five Years

  • Arby’s has over 3500 locations Worldwide

  • NNN Lease expires 2035 with three – 5 year options

  • Rental increases of 10% every five years

  • Management Free Investment

  • Scheduled to do full renovation by 2023

  • Rare opportunity to acquire a drive-thru restaurant site in San Diego

 

Strong Immediate Demographics & Population Density

 

  • Average household Income of $91,605 within 1-Mile Radius

  • Over 113,289 people within a 3- mile radius

  • Strong Local Economy with significant job growth over a multitude of diverse sectors