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Single Tenant Triple Net Leased Investment Sold For $1.87 M


10332 Mission Gorge Rd, Santee, CA 92071


Pacific Coast Commercial is pleased to announce the sale of the Single Tenant Triple Net Leased Investment located at 10332 Mission Gorge Road, Santee, CA. The property sold for $1,870,000 on January 24, 2023.


The Seller, 10332 Mission Road LLC, was represented by Tommas Golia, Jason Vieira, Nick Mane and Ken Robak of Pacific Coast Commercial. The Buyer, Ronald S. Olsen Trust, was represented by Martin Alfaro of Pacific Coast Commercial. The property was leased to GB Auto Service Inc., part of Sun Auto Tire & Service, with 10 brands and 350+ retail locations throughout the US.


The sale was closed with Caren Gage at Grossmont Escrow, and the title services were provided by Carmen Vinit at Corinthian.


Tommas Golia, Director of Brokerage at Pacific Coast Commercial, said, “We are thrilled to have closed this transaction for our client. The property's prime location and long-term lease with a strong tenant made it a highly sought-after investment opportunity.”


Ken Robak added, “The property is nearby a number of new development projects in the rapidly growing City of Santee”


This sale is another successful transaction for Pacific Coast Commercial, and the team is excited to continue to provide exceptional service to their clients in the commercial real estate market.



REPRESENTATION

Seller Representation:

Company Name: Pacific Coast Commercial

Broker Rep: Tommas Golia, Jason Vieira, Nick Mane & Ken Robak


Buyer Representation:

Company Name: Pacific Coast Commercial

Broker Rep: Martin Alfaro


SALE DETAILS

Property Type: Retail Building

Square Footage: 4,776 sq. ft.

Sale Price: $1,870,000

Close of Escrow Date: January 24, 2023

Seller Name: 10332 Mission Road LLC

Buyer Name: Ronald S. Olsen Trust

Escrow Company: Caren Gage at Grossmont Escrow

Title Company: Carmen Vinit at Corinthian

Major Tenants: GB Auto Service Inc.



About Pacific Coast Commercial

Pacific Coast Commercial is a full-service commercial real estate brokerage firm based in San Diego, CA. They specialize in the sale and leasing of commercial properties in Southern California and have a proven track record of success in the industry. The company is dedicated to delivering results that exceed the expectations of its clients and is committed to building long-term relationships with the local business community.


For more information about Pacific Coast Commercial and its services, please visit www.pacificcoastcommercial.com.

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