Offer Price:

$5,350,000

Price/SF:

$161.36

ProForma NOI:

$415,101

Leased:

51%

Net Rentable Area:

33,155 SF

Status:

Available



Investment Highlights
  • Seller carry option available at 20% down payment
  • Zoned for Medical and Industrial uses
  • Co-tenant to Sharp Rees-Stealy Medical Center
  • Asset is 51% Leased with an Average In-Place rent of $0.90/SF
  • Market lease rates achieving $1.80/SF Gross for Office in Miramar
  • Value-Add Opportunity by renovating and leasing at market rates
  • 72,000 Cars Per Day on Miramar Rd
  • Low velocity sub-market, only 5 Offices sold in Miramar in last 5 years
  • Centrally located in San Diego with quick access to 15 Freeway
  • 3.5/1,000 Parking Ratio

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