$3,900,000

2555 Camino Del Rio South

San Diego CA, 92108

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 Valleys 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 Valleys 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 Valleys development Cooling: Central Forced Air Elec

Details

MLS#180046936
Listing TypeFor Lease
StyleIndustrial
StatusPending
Days On Site99

Features

Units1
ZoningMV-CO

Market Activity 92108

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Area Information
StateCA
CountySan Diego
CitySan Diego
Zip Code92108
Area92108 - Mission Valley
Listing VS Median (in 92108)
Price:
$3,900,000
low | high
Med:
$495,000
100% of Average
On Site:
99
low | high
Med:
26
100% of Average
Listing Updated: November 30, 2020 10:49:35 PM PST
Jason Vieira LogoMLS Number: 180046936
Listing Provided By:
Jason Vieira  of  Pacific Coast Commercial
MLS Internet Data Exchange (IDX) information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the California Regional MLS.