CLOSED DEALS

7520-7524 La Jolla Blvd, La Jolla, CA 92037

TRANSACTION HIGHLIGHTS

  • Multi-Tenant Retail (NNN) Investment w/ strong upside potential

  • Sold: $1.42M

  • Pro-Forma Cap Rate: 4.8%

INVESTMENT HIGHLIGHTS

  • IRREPLACABLE LOCATION in La Jolla on central intersection of La Jolla Blvd & Pearl St.

  • Clark Realty Advisors had three tenants (w/ brand new leases) lined up before close of escrow

  • Stabilized cash flowing asset with strong historical occupancy

  • Triple net (NNN) leases in place with favorable annual rent increases

  • CRA represented the Seller in the disposition and represented the buyer as Leasing Broker after close of escrow

CONTACT SCOTT CLARK FOR ADDITIONAL INFORMATION