Available For Sale - Office , Healthcare

10,762 SF | Show Pricing $

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AVAILABILITY DETAILS

Size
10,762 SF
Price/SF
Show Pricing $
Listing ID
SA467856
Notes
Address:

374 & 384 H Street

Chula Vista, CA 91910

Number of Buildings:

Two (2)

Land Size:

23,522 SF/ 0.54 Acres

Project Size:

± 10,762 RSF

Asking Price:

$4,995,000

Cap Rate:

5.36

NOI:

$267,819

NNN Leases



Investment Highlights

Strong Market Conditions Allowing for Upside

• San Diego’s competitive housing market drives buyers to Chula Vista as viable alternative to high

real estate prices. Serving up sun, sand, and urban amenities at a lower than average residential

cost, Chula Vista has a market advantage as San Diego’s second largest city.

• Daytime employment figures include 422,943 employees and 43,367 businesses within a 10 mile

radius. Source: Costar Demographics

• Since 2012 area office market rents have increased, while direct office vacancy has been steadily

dropping. After only a slight uptick to 4.5% during worst of the pandemic Direct Office Vacancy was

4.0% as of Q2 2021. Source: Costar Analytics
Uses
Office
Healthcare

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