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In Cahoots

5373 Mission Center Road
San Diego, CA 92108
Availability: Price:$4,500,000 Land Area:50,094 SF
Shipping: Marcus & Millichap is pleased to present 5373 Mission Center Road, a retail bar / restaurant building located in the Mission Valley area of San Diego.
Pricing: $0.00
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Description





Agents

BEN TASHAKORIAN | SENIOR MANAGING DIRECTOR INVESTMENTS


Senior Director: Institutional Property Advisors (IPA)
License: CA 01333884
Dir: (858) 373-3176
Fax: (858) 373-3110
btashakorian@ipausa.com

Description

Marcus & Millichap is pleased to present 5373 Mission Center Road, a retail bar / restaurant building located in the Mission Valley area of San Diego. This 11,821 square foot retail property is found near the busy intersection of Mission Center Road and Friars Road. The two story restaurant building was built in 1993 and sits on a lot of 1.15 acres. The sole tenant is a Country Western saloon/dance hall called In Cahoots. Being one of the few country dance bars in the San Diego area, In Cahoots is a popular destination for those craving a night of two-stepping and line dancing. The Business is for sale as part of the offering and has been operating since 1993.
Located in the heart of Mission Valley, it is within walking distance of shopping malls, Hazard Center, restaurants, retail services, trolley stop, and public transportation. It offers easy freeway access to Interstates 8, 5, 15, and Highway 163, and the Fashion Valley Mall & Rio Vista Shopping center are less than two miles away. San Diego River and a large string of riverside neighborhoods sit directly south of the bar, making it an appealing weekend destination for nearby residents not wanting to travel far.

Features

  • Rare Offering - Property And Business Available for Sale
  • Full Liquor License, Entertainment License and FF&E’s included in the offering
  • Home of In Cahoots, the only Country Bar in the Area
  • Centrally Located in Mission Valley in San Diego
  • Located Adjacent to Hazard Center
  • 11,821 Building on 1.15 AC of Land

Total Offering Price

$4,500,000

Property Valuation

$3,500,000

Business Valuation

$1,000,000

RBA

11,821 SF

Price Per SF

$296.08

Land Area

50,094 SF

Price Per SF (Land)

$69.87

Cap Rate - Real Estate

7.50%

Cap Rate - Business

16.50%

Details

  • 22932226
  • Retail
  • Price:$4,500,000 Land Area:50,094 SF
  • New

Shipping Information

  • Item Requires Shipping
  • Marcus & Millichap is pleased to present 5373 Mission Center Road, a retail bar / restaurant building located in the Mission Valley area of San Diego.

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