Photo of Christine Baker

Christine Baker

DRE# 01808132

858.449.3200



$3,900,000

  • COMMERCIAL-OFF/RTL/IND
  • ACTIVE
  • MLS# 180046936

Description

ACTUAL NOI $295,095 PROFORMA NOI $277,067 PROFORMA CAP RATE 7.10% STABLE CASH FLOW Ideal Suites Sizes and Tenant Mix UPSIDE OPPORTUNITY “Mark to Market” Leasing Strategy Base Year Expense Recapture Enforcement ACCESSIBILITY Immediate Access to I-8 Via Texas Street Minutes to I-805, I-5, & I-15 LOCATION Excellent Central Location in the Heart of Mission Valley’s Abundant Amenities FREEWAY VISIBILITY I-8: 235,000 Vehicles Per Day Building Top Signage INTERNET/COMMUNICATIONS Fiber Connectivity: AT&T and Cox The subject offering represents a value-add opportunity for an investor to acquire a 100% leased multi-tenant office property with stable cash flow. The property is centrally located in the heart of Mission Valley’s abundant amenities and easily accessible from I-805, I-5, and I-15. The two-story building features ideal suite sizes and tenant mix, with a strong and steady rent roll. The fully leased property is a unique investment to capitalize on Mission Valley’s development

Property Details

Property type:
Commercial-Off/Rtl/Ind
Acreage:
1
Number of Buildings:
1
Number of Stories:
2

Location

County:
San Diego

Additional Details

Number of Units:
1
Number of Stories:
2
Lot Size:
.75 through 1.5 Acres
Lot Square Footage:
39,639
Assessors Parcel #:
438-180-30-00
Zoning:
MV-CO
Cooling:
Central Forced Air Elec
Heating Equipment:
Central Forced Air Elec
Parking:
On Site, Private, Street, Other/Remarks

Features

Amenities:
Ideal Suite Sizes & Tenant Mix Building Top Signage
Construction Features:
Block, Concrete, Concrete Tiltup, Other/Remarks

Listing provided by

Pacific Coast Commercial
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Central San Diego

Central San Diego is a pocket of smaller-sized communities that lie along some of the canyons and mountains just east of the Pacific. Including Mission Valley and Old Town – also known as the birthplace of California – the central part of San Diego is the core of the city and a mix of old and new. The old Mission, host of shops, and museums contrast with the nearby NFL stadium and ... Read More

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Presented By
Christine
Baker

DRE# 01808132

858.449.3200

Email Me
Presented By
Christine
Baker

DRE# 01808132

858.449.3200

Email Me

Willis Allen Real EstateThis information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by Sandicor®. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2018 Sandicor®, Inc.