CA > San Diego
San Diego, CA 92108,2555 Camino Del Rio South
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John Herkenrath

John Herkenrath

+1(310) 221-2910
$3,900,000
0.91 Acres Lot
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Key Details

Property Type Commercial

Listing Status Pending

Purchase Type For Rent

MLS Listing ID 180046936

HOA Y/N No

Lot Size 0.910 Acres

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 Cooling: Central Forced Air Elec

Location

State CA

County San Diego

Area 92108 - Mission Valley

Zoning MV-CO

Interior

Heating Forced Air

Fireplace No

Others

Tax ID 4381803000

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CRMLS – RECore
Listed by Jason Vieira Pacific Coast Commercial
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"John takes great pride in helping his clients through every step of the buying and selling process. Leveraging two decades of experience in pre-construction, new home sales and market sales exclusive representation. his vast knowledge in brokering home sales within luxury communities and new developments has proven invaluable to his clients."

+1(310) 221-2910

johnherkenrath@epiquerealty.com

8383 Wilshire Blvd #800 Beverly Hills CA 90211

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