Monday, June 4, 2012
Rare Business Opportunity
Here's a rare business opportunity to own a property with a high-end nightclub tenant with a 47 license and entertainment permit. Located in a prime location of Pacific Beach, the 5,100 square foot building with 50-feet of street frontage has a personally guaranteed transferable NNN lease with an AAA credit tenant until December 2016 with two, five year options. The lease has an excellent rate of return with 4% increases in rent per year. In 2007, the building was extensively renovated including a complete earthquake retrofit.
For further details, please call Jim Blakely III direct at 619-990-9125.
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