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$ 3,900,000
0.91 Acres Lot
$ 3,900,000
0.91 Acres Lot
Key Details
Property Type Commercial
Listing Status Pending
Purchase Type For Rent
MLS Listing ID 180046936
HOA Y/N No
Lot Size 0.910 Acres
Property 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 Cooling: Central Forced Air Elec
Location
State CA
County San Diego
Area 92108 - Mission Valley
Zoning MV-CO
Interior
Heating Forced Air
Fireplace No
Others
Tax ID 4381803000
Listed by Jason Vieira • Pacific Coast Commercial
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Justin & Jessica Bouzane
Broker Associate | Lic# 01905244