Lease Listings
PROPERTY OVERVIEW
- Rent. $240Kyr, MG (inclusive of RET; R&M, ins., utilities separate)
- Master Lease Expiration. 10/31/31
- Walgreens Premises. ±14,820 SF + drive-thru
- Signage. Building + shared monument
- Year Built. 2006
- Intersection. Signalized
- Parking. ± 61
- Access. FI/FO on Lobelia Dr; Extended RI/RO on Sycamore Ave
- Zoning. Specific Plan Implementation “SPI” (North County Square Specific Plan – Planning Area 5c) – Permitted Use Info (p. 194)
- Prohibited Uses. Retail pharmacy, fast food restaurant.
- Flood Zone. X
LOCATION OVERVIEW
- ~35 mi north of San Diego, just east of Oceanside.
- Destination and neighborhood retail trade area. Nearby tenants include Target, Walmart Supercenter, LA Fitness, Michael’s, Old Navy, Starbucks & Aldi
- 2-mi population density of ~45K
- Avg HH income of ~$125K
SUBLEASE TERMS
- SUGGESTED RENT* $240,000/yr, modified gross (inclusive of RET; R&M, insurance, utilities separate)
- TERM 10/31/31 (Co-terminus with master lease)
- DELIVERY “As-Is”
- OFFERS EVALUATED AS RECEIVED
- *Price + terms, along with all offers, are subject to approval of Walgreen Co.’s Real Estate Committee
