01/31/2025
New Listing | Commercial Property | Located at 719 W Washington St, San Diego, CA 92103
3976 Eagle St & 719 W Washington St are two contiguous parcels situated in the highly desirable Hillcrest neighborhood of San Diego. Totaling 8,003 square feet of supremely located corner lot land, the asset offers a lucrative development opportunity in the future AND immediate in place cash flow day 1. Situated on the land is a 1,394 square foot highly desirable and established restaurant equipped with a drive through. The current Net Operating Income on the Triple Net Lease is $153,300. In 2027 the NOI will jump up to $181,500.
Investment Highlights:
• NNN Lease
• Prime Hillcrest Location
• Two contiguous parcels