Retail Property For Sale

San Diego, CA (San Diego County)

Retail Property For Sale

Asking Price:$8,600,000

Gross Revenue:$750,732

Price/Sq. Ft.:$200.00

NOI:N/A

Building SF:44,881

FF&E:$50,000

Year Built:1980

Retail Property For Sale

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Property Description

The Current Rental rate is extremely low in the rental
market. The new owner will be greatly beneficial raising
the rent after lease expiration.

Detailed Information

Type:
Shopping Center
Building SF:
44,881
Building Status:
Established
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
located at city of San Diego and 4 miles north of Border(mexico) and 5 miles east of Imperial Beach(San Diego) Nice tenant mix of 23 retail neighborhood tenants. project gross income is $848,676. and NOI is $610,152. and cap rate is 9.5%. but three vacant right now.
Current Property Expenses:
Call for details tom kim at 858-408-5040
Location Description:
Located at city of San Diego and 4 miles north of International Border and 5 miles of Pacific Ocean. Tenant consist with Supermarket,Dentist,Taco shop, Laundromat and Gym etc. Gross Lease Area is 44,881 sq ft and Lot Size is 3.8 AC. contact at 858-408-5040
Current and Prior Use:
Nice tenant with 23 retail neighborhood tenants. The current rental rate is extremely low in the rental market. the new owner will be greatly beneficial raising the rent after lease expiration.

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Property Listed By:
Thomas Kim

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