1037 E Bobier Dr, Vista, CA 92084 (SOLD)

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Sale Price
$2,100,000.00

Sale Type Sale
Property Type Restaurant
Location Vista
Building Size 1,959 SF
Lot Size 31,363 SF
Cap Rate 4.5%
Year Built 1988
Zoning C1
Status SOLD
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Vista Restaurant Property for Sale

PLEASE SEE ATTACHED MARKETING PACKAGE FOR FULL INFORMATION

OFFERING SUMMARY: 1037 E Bobier Dr in Vista, CA (Greater San Diego) offers an investor an absolute NNN Investment, with no landlord responsibilities. The corner location is a retail hub with 2 grocery supermarkets, numerous drive-thru fast food businesses, cell phone stores and automotive services. Additionally there are 3 schools located within about a ½ mile. The 3 schools (2 high schools and 1 elementary school) make this a very busy area and ideal for a restaurant. Del Taco has 3 extension options of 5-years each with the current lease
termination of Dec 2030. The extension options are at CPI or 10% every 5 years, whichever is less.

DEMOGRAPHICS: San Diego is the 2nd biggest city in CA and continues to grow. The large customer base of over 208k residents within 5 miles and over 603k within 10 miles is ideal for restaurants. Additionally this is an affluent neighborhood with over $99k Avg Income within 2 miles, which is ideal for restaurant businesses.

PRICE: $2,100,000 – 4.5% Cap Rate in Dec 2025– Lease Expiration December 2030. Del Taco has 3 x 5 Year Extension Options




Karl Niehaus Founder & CEO - Commercial Real Estate Broker - DRE# 01450751 (310) 880-7900