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    1415 E 8th Street

    National City, CA 91950
    • $4,200,000
    • STATUS: ACTIVE
    • ON SITE: 28 days
    • ID#: 210018253
    UPDATED: 25 min ago
    $4,200,000
    • 0
      BEDS
    • N/A
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 11,530
      SQFT
    • $364
      $/SQFT
    Neighborhood:
    Type:
    Commercial
    Built:
    1999
    County:

    School Ratings & Info

    Description

    11,530 SF Building 100% Leased to three (3) tenants. Built in 1999. Beauty Salon - 1,326 SF current base rent $2,758.60/mo NNN* Dentist - 1,500 SF current base rent $3,147.68/mo NNN* Adult Education Behavior Services - 8,704 SF current base rent $16,126/mo NNN* *NNN are running approximately $0.50/sf/mo Asking $4.2m based on a 6.29% Cap Rate

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    This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2021 San Diego MLS, Inc. Licensed in the state of California.
    www.sellsandiego.com/homes/118883328
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    1415 E 8th Street National City, CA 91950

    • Price: $4,200,000
    • Status: ACTIVE
    • Updated: 25 min ago
    • ID#: 210018253
    0
    Beds
    0
    Baths
    0
    ½ Baths
    N/A
    Acres
    11,530
    SQFT
    $364
    $/SQFT
    1999
    Built
    Neighborhood:
    National City (91950)
    County:
    San Diego
    Area:
    National City (91950)
    Property Description
    11,530 SF Building 100% Leased to three (3) tenants. Built in 1999. Beauty Salon - 1,326 SF current base rent $2,758.60/mo NNN* Dentist - 1,500 SF current base rent $3,147.68/mo NNN* Adult Education Behavior Services - 8,704 SF current base rent $16,126/mo NNN* *NNN are running approximately $0.50/sf/mo Asking $4.2m based on a 6.29% Cap Rate
    Interior Features

    Private Restrooms 9 Unit Size1 1326 Unit Size2 1500 Unit Size3 8704

    Property Features

    Actual Gross Scheduled Income 328944.0 Actual Operating Expense 64557.60 Assumable Finance 0 Building Amenities ParkingLandscapingTrashMaintenance. Commercial Property Type Retail Sale Common Area Maintenance $0.50NNN Fiscal Year From 19 Lease Expires1 5/31/24 Lease Expires2 3/31/26 Lease Expires3 12/31/21 Mandatory Remarks None Known Market Area South Bay Minimum Lease Terms1 Cpi Minimum Lease Terms2 Cpi Monthly Rent Total 22032 Monthly Rent1 $2758.60 Monthly Rent2 $3147.68 Monthly Rent3 $16126 Motive Want 1031 ExchangeInvestmentRetail Occupancy Percent 100 Projected Cap Rate 6.29 Projected Gross Scheduled Inc $328944.96 Projected Net Income $264387.36 Short Sale No Unit Number1 1 Unit Number2 2 Unit Number3 3-9

    Listing provided courtesy of Berkshire Hathaway Homeservice. Listing information © 2021 San Diego MLS Inc. Source: SDMLS
    This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2021 San Diego MLS, Inc. Licensed in the state of California.
     
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    Neuman & Neuman Real Estate Inc.
    516 5th Avenue
    San Diego CA, 92101