946 Donax Ave - Commercial LAND FOR SALE
Imperial Beach, CA 91932 | 7,501 SF
$700,000 USD
619-200-9787
946 Donax Ave
Imperial Beach, CA 91932
OVERVIEW
• Lease is a flat NNN lease of $44,490 per year with a new 5 year commencement date of 3-1-25 expiring 2-28-30
• Post office has one (1) five (5) year option to extend at a NNN flat lease rate of $48,940 per year
• Cap Rate 6.4%
• AAA Credit Tenant US Post Office
• Future Redevelopment Potential for Mixed-Use Project
• Sale Price: $700,000
FOR SALE DETAILS
PRICE
$700,000 USD
PRICE/ACRE
$4,065,600/AC
PRICE/SF
$93 USD /SF
# OF LOTS
-
LAND DETAILS
PROPERTY NAME
Leased Investment w/ Future Dev Potential
PROPERTY TYPE
Land
PROPERTY SUBTYPE
Commercial
LAND PROPOSED USE
Commercial, Mixed Use
LAND ACRES
0.17 AC
LAND SF
7,500 SF
OFFSITE IMPROVEMENTS
-
ZONING
C/MU-1
APN/PARCEL ID
-
ASK ABOUT THIS PROPERTY
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619-200-9787
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619-200-9787
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