185 OLD GROVE ROAD for sale in Oceanside, California

$7,000,000

Capital Growth Properties, Inc. is pleased to offer a single tenant absolute NNN Ground Lease to McDonald s Corporation (NYSE: MCD) within a successful Ralphs/Lowe s anchored shopping center at the busy intersection of HWY 76 and Old Grove Road in Oceanside. This is a master lease with McDonald s and includes a Shell Gas Station, Convenient Store, and Car Wash. There are approximately 7+ years remaining on the original 20 year term that includes excellent 15% rental increase November 1, 2017. The ground lease is comprised of approximately 1.6 Acres that holds 6,243 SF of improvements (McDonald s and Shell Gas Station/Convenience Store). McDonald s subleases a portion of the land to Shell Gas Station and takes full responsibility for all potential and existing liabilities. The property is an outparcel to a successful Lowe s and Ralph s shopping Center at the Southwest corner of Highway 76 and Old Grove Road. Adjacent retailers include US Bank, AT&T, and Starbucks Drive Thru.

Details
Property Class: Commercial-Off/Rtl/ind
Listing Status: Active
City: OCEANSIDE
Area: OCEANSIDE (92057)
County: San Diego
State: CA
Living Area (SqFt): 6243 sq. ft.
Short Sale: No
Value Range Price (H/L):  $7,000,000
Listing#: 1
Parcel Number: 00
Year Built: 2002
List Date: 8/7/2015
Class: Commercial
Property Subtype: Retail Sale
Approx Lot Size: --
Stories: 1

Property Sub Type Descr: Retail Sale


Similar categories
Nearby Cities
Popular searches
Copyright © 2024 Americanlisted.com, All Rights Reserved.
Designated trademarks and brands are the property of their respective owners.