The approximately 3,900-square-foot Coco's Bakery and Restaurant building at 7398 Clairemont Mesa Blvd., San Diego 92111, has been sold for $2.73 million, cash, or $700-per-square-foot.
The buyer was Fairbanks Trail LLC, a California limited liability company, 5208 Del Mar Mesa Road, San Diego 92130.
The seller of the property (assessor's parcel 356-040-50) was USA Properties Inc., with Michael Kucinski as the president.
Justin Earley, vice president of Capital Real Estate Ventures Inc., represented both parties.
The building has occupied its 23,087-square-foot lot since 1972. Coco's renewed its lease in 2013 for 15 more years.
The approximately 3,900-square-foot Coco's Bakery and Restaurant building at 7398 Clairemont Mesa Blvd., San Diego 92111, has been sold for $2.73 million, cash, or $700-square-foot.
Comments are moderated by SDDT, in accordance with the SDDT Comment Policy, and may not appear on this commentary until they have been reviewed and deemed appropriate for posting. Also, due to the volume of comments we receive, not all comments will be posted.
SDDT Comment Policy: SDDT encourages you to add a comment to this discussion. You may not post any unlawful, threatening, defamatory, obscene, pornographic or other material that would violate the law. All comments should be relevant to the topic and remain respectful of other authors and commenters. You are solely responsible for your own comments, the consequences of posting those comments, and the consequences of any reliance by you on the comments of others. By submitting your comment, you hereby give SDDT the right, but not the obligation, to post, air, edit, exhibit, telecast, cablecast, webcast, re-use, publish, reproduce, use, license, print, distribute or otherwise use your comment(s) and accompanying personal identifying and other information you provide via all forms of media now known or hereafter devised, worldwide, in perpetuity. SDDT Privacy Statement.
All contents herein copyright San Diego Source ® 1994-2015