Available For Sale - Industrial , Warehouse

5,920 SF | Show Pricing $

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LISTED BY

Joseph Lising
Cushman & Wakefield, 949-372-4896
Phil CCIM
Cushman & Wakefield -Carlsbad, 760-431-4210
Chad CCIM
Cushman & Wakefield -Carlsbad, 760-431-4234
Vince Provenzano
Cushman & Wakefield, 760-431-4212

AVAILABILITY DETAILS

Size
5,920 SF
Price/SF
Show Pricing $
Listing ID
SA526921
Notes
NOI

(YEAR 1 IN-PLACE)

$220,500*

CAP RATE

(YEAR 1 IN-PLACE)

5.52%*

CURRENT OCCUPANCY *100% with Rent Guarantee

for One Year (Rent and NNN)

PROPERTY ADDRESS 675 S. Rancho Santa Fe Rd,

San Marcos, CA

PARCEL 221-031-21

COUNTY San Diego

PROPERTY TYPE Retail

YEAR BUILT 1982

TOTAL BUILDING AREA 5,920 SF

TOTAL LAND AREA 30,056 SF / 0.69 AC

PARKING RATIO 36 Stalls within Parcel

(10/1,000 SF)

Shared Parking

ZONING C (Commercial)



EWLY RENOVATED BUILDING. JUST COMPLETED $650K

IN CAPITAL IMPROVEMENTS.

• Demising costs for multi-tenant building

• New storefront entry doors, new sewer lines & electrical meters

• Exterior ADA upgrades featuring new concrete ramp from city sidewalk

• New 2-panel monument sign on S. Rancho Santa Fe Road

(SUITE A) PENDING TENANT

±2,625 SF WITH OUTSIDE PATIO

• Market Rate Assumption: $3.50/SF + NNN per month

• Year 1 Pro Forma NOI: $110,250

(SUITE B) CORPORATE PACIFIC DENTAL SERVICES

±3,295 SF

• Brand new corporate 10-year lease showing their long term

commitment to the site

• Pacific Dental Services is one of the nations largest private dental

companies with over 950 locations in 26 states and plans to add

more offices each year
Uses
Industrial
Warehouse

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
Joseph Lising, Cushman & Wakefield