Chula Vista 13,180 SF Industrial Building Sold for $2,145,000



SALE DETAILS


Address: 1480 Frontage Road, Chula Vista, CA 91911

APN: 622-052-13-00

Seller Representation:

Company Name: Pacific Coast Commercial

Broker Rep: Shirley Kanamu, Blanche Golia, Valley Coleman


Property Type: Industrial Building

Square Footage: 13,180 SF on 22,215 SF Corner Lot

Sale Price: $2,145,000

Close of Escrow Date: April 16, 2020

Seller Name: Pacific Frontage Investors, LLC

Buyer Name: Centurion Faith, LLC

Escrow Company: Corinthian Title and Escrow, Sam Lopez – Escrow Officer

Title Company: Corinthian Title – Carmen Vinti – Escrow Officer

Financing: Union Bank of California – Ted Dawson

The 13,180 SF industrial building fronting I-5 sold for $2,145,000. The building, which was formerly home to MTM Builders, Inc., will become the new South Bay location of flooring wholesaler Rayo Wholesale, Inc.

“The property was built in 2002 and has great freeway frontage exposure which made it a high demand property. It will be an ideal location for a showroom/wholesaler business like Rayo Wholesalers, Inc. who is looking to tap into the expanding South Bay market,“ stated Shirley Kanamu, Senior Broker Associate of Pacific Coast Commercial.


CALL AGENTS TODAY FOR MORE INFO (619) 469-3600


Your South Bay Team


Shirley Kanamu | Lic. 01268281

Senior Broker Associate


Blanche Golia | Lic. 01956233

Sales & Leasing Associate


Valley Coleman | Lic. 02065336

Sales & Leasing Associate

Pacific Coast Commercial

10721 Treena St, Suite 200, San Diego, CA 92131

www.PacificCoastCommercial.com

Lic. 01209930


If you are currently being represented, it is not our intention to solicit clients of other Brokers.

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(619) 469-3600  |  10721 Treena Street, Suite 200, San Diego, CA 92131  |  License # 01209930