San Diego Investment

Carlsbad, CA – Lee & Associates, has completed the sale of 1.87 acres located at El Camino Real & Kelly Dr in the newly developed Robertson Ranch community.  The land is graded and zoned CF (Community Facilities) which allows for minimal uses including day care or church.  There were 10+ offers on the property however the buyer, a Montessori School operator, closed very quickly. Matt Weaver and Al Apuzzo of Lee & Associates – North…

Murrieta, CA – Lee & Associates, one of the largest national commercial real estate firms completed a rare southern California commercial land sale to Costco at the NEQ Clinton Keith Rd and the I-215 Freeway. The land is approximately 18.46 acres and is located near Loma Linda University Medical Center and adjacent to The Vineyard, a planned shopping center. Michael Strode, Matt Weaver and Al Apuzzo of Lee & Associates – Riverside & North San…

Escondido, CA – Lee & Associates, one of the largest national commercial real estate firms completed the sale of 315 W Washington Ave in Escondido, CA.  The 17,908 square foot retail building sits on a 2.12 acre lot and is adjacent to City Hall and the California Center for the Arts. Michael Golden of Lee & Associates – North San Diego County represented the Seller, Malakooti & Kaikavoosnejad Revocable Trust.  The Buyer, Goodwill Industries of…

The Retail Pharmacy Sector The Retail Pharmacy sector has been a safe and solid investment for investors and 1031 exchange buyers for many years. The two companies dominating the retail pharmacy investments are Walgreens (NYSE: WBA) and CVS Pharmacy (NYSE: CVS). Walgreens and CVS both have investment-grade credit rating of BBB. These companies have both been very active with mergers, acquisitions in an effort to enhance their stance in the pharmacy sector. Just last year,…

Pico Rivera, CA – Lee & Associates, one of the largest national commercial real estate firms, has completed the $1,158,000.00 sale of a 1,252 SF Little Caesar’s investment property located at 9209 Telegraph Rd in Pico Rivera, CA. This Little Caesar’s is a new location located in Pico Rivera, in Los Angeles County, California (the “Property”). The build to suit property was completed in late December and consists of a 1,252-square-foot retail building with a…

San Diego, CA – December 4, 2018 – Lee & Associates, one of the largest national commercial real estate firms, has completed a lease for 6006 Miramar Rd in San Diego, CA. The lease term was negotiated for ten years with the consideration of over $6M. The building features 19,338 SF with showroom, office, parts storage, service area, and 17 service bays. The property is a 3.83 acre parcel situated on a signalized corner. Alex…

Carlsbad, CA – January 9, 2019 – Lee & Associates, one of the largest national commercial real estate firms, has completed the $2,630,000.00 sale of 17.77 acres of land located along College Blvd in San Diego, CA. The Subject Property is located east of El Camino Real on the south side of College Blvd. (future), approx. 1.5 mile northeast of Palomar Airport, 3 miles east of I-5 and 3 miles south of Highway 78. This…

Carlsbad, CA – December 12, 2018 – Lee & Associates, one of the largest national commercial real estate firms, has completed the $2,750,00.00 investment sale of a 12,176 SF office building located at 3176 Lionshead Ave in the Lionshead Pointe Business Park.  The Seller doing Business as Cenergy Power signed a 5-year lease on the entire second floor of the property which was fully built out as creative office space. The first floor was in…