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2858 Thunder Dr, Oceanside, CA, 92056

DOMINO’S
$1,411,000

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Highlights

INVESTMENT HIGHLIGHTS

  • LONG OPERATING HISTORY – Domino’s has successfully operated at this location for over 40 years and recently extended the lease for 15 years in 2014 with options, further showing their commitment to the site.
  • PASSIVE INVESTMENT – NNN lease structure, with no landlord responsibilities.
  • SOUTHERN CA REAL ESTATE – Located in the affluent city of Oceanside, there are over 140,561 residents within a 3-mile radius and the average household income is over $111,885
  • LOCATION – This location is surrounded by a highly dense residential area that benefits Domino’s which consists of mostly delivery and take out pizza’s.
  • COMPETITIVE PRICE POINT – Sub $1.5 mil price point for premier Southern CA real estate.
  • HEDGE AGAINST INFLATION – The lease features very attractive 3% annual rental increases throughout the base term lease and option periods.

Location

Agents

Broker of Record

David Harrington

License # 02168060 (CA)
Matthews Real Estate Investment Services, Inc
2321 Rosecrans Ave., Suite 1225, El Segundo, CA 90245

Key Information

Cap Rate
4%
Year Built
1975
Term Remaining
±4.50 YRS
Type
Retail
NOI
$56,424
Leasable Area
1,624