46-48 Broadway - Freestanding FOR SALE


Chula Vista, CA 91910- North Chula Vista
$1,499,000 USD
760-672-4450
46-48 Broadway, Chula Vista, CA for Sale
$1,499,000 USD
Freestanding - FOR SALE
1/25
null | 4.4% Cap Rate

46-48 Broadway
Chula Vista, CA 91910
North Chula Vista


OVERVIEW

Currently very low rent paying tenant initial lease ending in 10/31/2027 with options left with Market rent price at the renewal period. Current tenant showed some interest in vacating early Open floorplan interior with extra high ceilings 4.4% Cap rate under the sales price and its new property tax rate with in-place rent Great upside potential for owner user or investment once current tenant renews with new lease or vacates in 10/31/2027 C-3 Zoning per Chula Vista for Redevelopment plan

FOR SALE DETAILS

PRICE

$1,499,000 USD

PRICE/SF

$282 USD /SF

CAP RATE

4.4%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Upside Potential Retail Building Chula Vista

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

ADD'L SUBTYPES

Auto Repair, Restaurant, Office/Residential

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1938

SPRINKLERS

-

PARKING SPACES

8

LAND DETAILS

LAND ACRES

0.31 AC

LAND SF

13,360 SF

ZONING

C

APN/PARCEL ID

565-040-16

ASK ABOUT THIS PROPERTY

Mie KimColdwell Banker Commercial RealtyMore Info
760-672-4450

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Mie KimColdwell Banker Commercial RealtyMore Info
760-672-4450

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