San Marcos (San Diego), CA - Sonic
$2,467,000
1215 Grand Ave, San Marcos, CA 92078
5
Cap Rate
123,338
NOI
Details:
Description:
• The tenant has 6+ years remaining on its initial term with 4 (5-year) options
• The operator, Pacific Drive-Ins, has 15+ Sonic locations across California and Arizona, with a strong Southern California focus
• Sonic Drive-In, the largest drive-in brand in the U.S. with 3,500+ locations in 47 states, is part of the Inspire Brands portfolio
• Signalized, hard corner location directly off State Highway 78 (167,000 VPD), a primary highway providing strong regional connectivity across San Diego
• 2 million+ SF of retail within 1 mile, creating significant crossover traffic
• Adjacent to Grand Plaza, receiving 5.6M+ annual visits (Placer.ai) featuring Sprouts, Raising Cane’s, Marshalls, Ross, and Nordstrom Rack
• Proximate to Creekside Marketplace (6M+ annual visits) anchored by WinCo, Foods, In-N-Out, Best Buy, Hobby Lobby, and Chipotle
• Surrounded by additional national anchors including Costco and Home Depot
Location
Gallery