Offer Price:

$3,500,000

Price/SF:

$185.11

Rentable Building Area:

18,908 SF

Cap Rate:

6.82%

NOI:

$238,781

Leased:

92.2%

Status:

Available



Investment Highlights
  • 92.2% Leased Office Portfolio with 18,908 SF of RBA
  • Three Office Buildings & Four Parcels Situated on One Acre Lot
  • Synergistic Mix of Professional Office Tenants with no Major Rollover in near term
  • Strong In-Place Cap Rate of 6.82% with ability to Lease up and Maximize Income
  • Features Include: New Exterior Façade, HVAC units, Roof, Energy Efficient Windows and Doors, Lighting, Restrooms, Signage, Drought Tolerant Landscape
  • Portfolio is Zoned MXC-1 for Mixed-Use Development
  • Near I-5 & 54 Freeway Intersection, over 194K Vehicles Per Day
  • Only 5 miles from Downtown San Diego with quick access to major freeways

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