Available For Sale - Office

14,430 SF | Show Pricing $

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AVAILABILITY DETAILS

Size
14,430 SF
Price/SF
Show Pricing $
Listing ID
SA526075
Notes
Property Description

$700K reduction 100% Leased NNN Medical Office Investment







All tenants on simple AIR Net Lease templates







High-image, multi-tenant office/medical building along Chula Vista’s highly traveled commercial thoroughfare, featuring monument signage, abundant parking, immediate access to public transit and neighboring amenities.







**Offering Memorandum viewable by clicking link to the PDF located above listing agent contact info.



**Rent Roll viewable by clicking the "Access Privileged Documents" tab located above listing agent info then signing Confidentiality Agreement



Highlights

Individual first floor suites tout direct exterior entrances steps away from on-site parking. Second floor suites also have exterior entrances and are elevator-served. All tenants, patients and visitors enjoy views of landscaping and/or distant mountains from within the suites The Property’s exterior offers an aesthetic curb appeal surrounded with lush landscaping and a tropical garden courtyard..

Primarily occupied by medical tenants who benefit from the Property’s location near multiple schools, retail centers and neighborhoods. Considered an “Essential Service” the medical tenancy at the Property weathered pandemic-related shutdowns due to unwavering demands for healthcare services.

The Property will continue to maintain and attract top tenancy due to the dense population of nearly 375,000 within a 5 mile radius. Source: Costar Demographics

Surrounded by high density retail centers with national tenancy (Costco, Ralphs, Walmart, Ross, Home Depot, Rite Aid) high income earning residential neighborhoods and numerous schools including Burton C. Tiffany Elementary, Chula Vista Hill Elementary, Victory Christian Academy (K-12), Bonita Vista Middle School, Bonita Vista High, and the large campus for Southwestern College

*NOI stated equals total Base Rent collected by year end 2024 and not factoring in estimates for non-passthrough Landlord expenses for 2024.
Uses
Office

This information has been obtained from sources believed reliable. We have not verified it and make no guarantee, warranty or representation about it. Any projections, opinions, assumptions or estimates used are for example only and do not represent the current or future performance of the property. You and your advisors should conduct a careful, independent investigation of the property to determine to your satisfaction the suitability of the property for you needs.

Listing provided courtesy of
Joshua Smith, SVN