2555 Camino Del Rio South

San Diego, CA 92108

UPDATED:

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Listing Price

$3,900,000

-

Bed

50

Baths

-

SqFt

Glen Henderson

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Key Details

Property Type: Commercial-Off/Rtl/Ind

Lot Size: 0.910 Acres

Purchase Type: For Sale

Listing Status: Active

MLS Listing ID: 180046936

Age Restriction: 70

Property 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 Valley’s 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 Valley’s 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 Valley’s development

Location

State: CA

County: San Diego

Rooms

Half Baths: 100

Interior

Cooling: Central Forced Air Elec

Air Conditioning: Central Forced Air Elec

Exterior

Garage: On Site,Private,Street,Other/Remarks

Building

Story: 2 Story

Schools

Elementary Schools: Garfield Elementary School

Middle Schools: Roosevelt Middle School

High Schools: San Diego High School Of Business And Leadership,San Diego High School Of International Studies,San Diego High School Of Science And Technology,San Diego High School Of Media, Visual And Performing Arts,Hoover High School

School District: San Diego City Unified School District

Property History

Date Event Price Source

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    Glen HendersonBig Block Realty, Inc

    Glen Henderson


    Broker Associate CA BRE #01384181

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