4149 Cartagena Drive, San Diego, CA 92115
Pacific Coast Commercial is pleased to present this 100% leased Multi-Tenant Investment. Located in Central San Diego, this property has a long and successful operating history.
The property is located within close proximity to the Interstate 8 and Hwy 94. The property offers investors the opportunity to acquire a stabilized asset, below replacement cost, with minimal owner responsibilities. Mix of National and Local Tenants. Flexible zoning for light industrial, commercial and residential development.
The Central San Diego submarket has historically low vacancy rates with industrial vacancy of 2.3 %. This area and asset class has proven to be one of the most resilient in San Diego County.
Property Details:
BUILDING SIZE:
± 11,500 SF Commercial Warehouse with ± 1,000 SF Bonus Office Mezzanine and ± 900 SF Bonus Storage Mezzanine
LOT SIZE:
0.51 Acres
SUITES:
Suite A ± 2,500 SF - Seller Lease Back
Suite B & C ± 4,500 SF - Seller Lease Back
Suite D ± 4,500 SF - Leased (Carquest)
SALE PRICE:
$2,125,000
CAP RATE
6.0%
RENOVATIONS
New Roof and Paving Prior to COE
YEAR BUILT:
1988
CEILING HEIGHT:
16’ - 18’
GRADE LEVEL DOORS:
(4) 12’ x 14’
POWER:
500 amps | 110/240V | 3 Phase
Four (4) Meters
PARKING:
Fenced Yard
APN #:
473-220-35
ZONED:
CC-5-3, San Diego (click for details)
ALLOWABLE USES INCLUDE:
Light Industrial/R&D, Vehicle Repair & Service, Vehicle Sales & Rentals, Contractors, Retail Sales, Moving & Storage
Additional Uses with Limitation or CUP:
Impound Storage Yards, Recycling Facility, Recyclable Processing, Construction Storage Yard, Live/Work
RESIDENTIAL DEVELOPMENT ALLOWED:
1 Dwelling Unit Per 1,500 SF Lot Area
100 Ft. Height Limit
Property Highlights:
100% Leased to two (2) tenants
Low Maintenance
National and Local Tenants
Below Replacement Cost
Central San Diego Location
Front Parking Lot, Fenced & Lit for Security
Contact Robak Advisory Group (619) 469-3600
KEN ROBAK
Vice President of Brokerage
Tel (619) 469-3600
Lic. 01236527
NICK MANE
Broker Associate - Sales & Leasing
Tel (760) 840-7140
Lic. 01939391
The information contained herein has been given to us by the owner of the property or other sources we deem reliable, we have no reason to doubt Its accuracy, but we do not guarantee it. All information including zoning, financials, leases, square footage, permits and use should be verified during due diligence and prior to completing a purchase or lease.
