131 Aberdeen Dr - Office FOR SALE


Cardiff By The Sea, CA 92007
$11,900,000 USD
858-527-2727
131 Aberdeen Dr, Cardiff By The Sea, CA for Sale
$11,900,000 USD
Office - FOR SALE
1/8
null | Request Cap Rate

131 Aberdeen Dr
Cardiff By The Sea, CA 92007


HIGHLIGHTS

  • Freestanding Improved Office Building
  • Ocean View Deck
  • Excellent Signage and Parking
  • Fully Furnished - "Plug N Play"
  • Financially Accretive Compared to Leasing

OVERVIEW

* Trophy Coastal Opportunity | This generational owner user opportunity is located in the heart of the retail corridor of Cardiff By the Sea. The site sits adjacent to VG Donut and Bakery, Bump Coffee, Best Pizza & Brew, The Shanty, Seaside Market and across the street from the San Elijo State Beach Campgrounds. * Rare On-Site Parking | The oversized 0.58 acre lot contains 41 on-site parking spaces which is unique for any coastal property in the surrounding area. Ownership has 4 gates that are not installed, but come with the sale of the property for a buyer to install should they want to secure the parking which would allow security as well as the ability to monetize the parking spaces. * Modern Creative Office Improvements & Rooftop Ocean View Deck | The modernized open ceiling finishes are complimented by showers, large surf board racks and storage. The rooftop deck offers panoramic coastal views up and down the North County coastline. * Fully Furnished - "Plug N Play" | The building comes fully furnished with adjustable desks, chairs, cabled, ping pong table, lamps, etc., saving a buyer approximately $40/PSF or $519,000 of move in expenses. * Financially Accretive Compared to Leasing | Low occupancy cost given the depreciation write-off, principal paydown and building appreciation. This is important for business owners who strive to not only minimize expenses but have their business occupancy contribute to their investment portfolio/retirement.

FOR SALE DETAILS

PRICE

$11,900,000 USD

PRICE/SF

$922 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Owner User

BUILDING DETAILS

PROPERTY TYPE

Office

ADD'L SUBTYPES

Storefront Retail/Office

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

C

YEAR BUILT

1967

SPRINKLERS

-

PARKING SPACES

41

LAND DETAILS

LAND ACRES

0.51 AC

LAND SF

22,216 SF

ZONING

C

APN/PARCEL ID

261-032-28

ASK ABOUT THIS PROPERTY

Matt PourchoCBRE, Inc.More Info
858-527-2727

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Matt PourchoCBRE, Inc.More Info
858-527-2727

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.