Store Capital of Scottsdale, Ariz., has purchased a Mission Valley retail building housing the restaurant Dave & Buster’s for $11.9 million, according to real estate advisory firm Faris Lee Investments, which represented the buyer and seller.
The seller of the 45,000-square-foot building, at 2931 Camino Del Rio North, was San Diego Food & Games LLC of Los Angeles, represented by Faris Lee’s Jeff Conover. The buyer, a private real estate investment trust, was represented by Faris Lee’s Patrick Luther and Matthew Mousavi.
The building is located on 6.54 acres and has been occupied by Dave & Buster’s since it was built in 2000. There are six years remaining on the ground lease held by Dave & Buster’s.