5560 Kearny Mesa Rd
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5560 Kearny Mesa Rd
0.89 Acres of Commercial Land Offered at $7,229,000 in San Diego, CA 92111
Executive Summary
** LAND OF OPPORTUNITIES** I am excided to present a fantastic investment opportunity for a Investor or/and a Developer at 5560 Kearny Mesa Road.
This property is located in the heart of Clairmont Re-Development Corridor.
Property is currently under a substantial Triple Net lease contract with a High Brand Tenant offering a Cap of 7.2% return on Investment. This property is located near the newly Multi Residential Development. Suitable for Senior Assisted Living Development or Multi Residential projects
An EXCELENT opportunity for the Developers to receive a substantial CASH FLLOW while awaiting for the Plan Approvals. As an Investor, having a strong tenant with a great financial background and stability is a gifted asset as well as receiving a high yield return on investment. ** ALL INFORMATION PROVIDED ARE DEEM ACCURATE AND RELYABLE. HOWEVER HIGHLY RECOMMEND ALL PERSPECTIVE BUYERS AND RESPECTIVE AGENTS TO VERIFY THE ACCURACY OF THE INFORMATION PROVIDED.**
This property is located in the heart of Clairmont Re-Development Corridor.
Property is currently under a substantial Triple Net lease contract with a High Brand Tenant offering a Cap of 7.2% return on Investment. This property is located near the newly Multi Residential Development. Suitable for Senior Assisted Living Development or Multi Residential projects
An EXCELENT opportunity for the Developers to receive a substantial CASH FLLOW while awaiting for the Plan Approvals. As an Investor, having a strong tenant with a great financial background and stability is a gifted asset as well as receiving a high yield return on investment. ** ALL INFORMATION PROVIDED ARE DEEM ACCURATE AND RELYABLE. HOWEVER HIGHLY RECOMMEND ALL PERSPECTIVE BUYERS AND RESPECTIVE AGENTS TO VERIFY THE ACCURACY OF THE INFORMATION PROVIDED.**
Property Facts
| Price | $7,229,000 | Property Type | Land |
| Sale Type | Investment or Owner User | Property Subtype | Commercial |
| Sale Conditions | Bulk/Portfolio Sale | Proposed Use | |
| No. Lots | 1 | Total Lot Size | 0.89 AC |
| Price | $7,229,000 |
| Sale Type | Investment or Owner User |
| Sale Conditions | Bulk/Portfolio Sale |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | |
| Total Lot Size | 0.89 AC |
1 Lot Available
Lot 78
| Price | $7,229,000 | Lot Size | 0.89 AC |
| Price Per AC | $8,122,554 |
| Price | $7,229,000 |
| Price Per AC | $8,122,554 |
| Lot Size | 0.89 AC |
I-163 to Clairmont Mesa Blvd, Right on Kearny Mesa Road. Very easy access
PROPERTY TAXES
| Parcel Number | 356-030-39 | Improvements Assessment | $29,453 |
| Land Assessment | $1,443,394 | Total Assessment | $1,472,847 |
PROPERTY TAXES
Parcel Number
356-030-39
Land Assessment
$1,443,394
Improvements Assessment
$29,453
Total Assessment
$1,472,847
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Presented by
Siamak T. Rahmani, Broker
5560 Kearny Mesa Rd
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