FOR SALE - 100% Leased Investment | Commercial / Warehouse


4149 Cartagena Drive, San Diego, CA 92115

Property Brochure


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.

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