property-detail

property-detail

property-detail

property-detail

property-detail

property-detail

952 Postal Way, Vista CA 92083 | $2,550,000

Status: Pending
  • bedrooms
  • 17 bathrooms
  • 0 Sq Ft
  • 59242 Lot Sq Ft
  • Type: Commercial-Off/Rtl/Ind
  • Stories: 2
  • Year Built: 1990
  • MLS#: 180047905
  • Community: North County

Listing provided courtesy of Robert Pew of TIE Commercial. Last updated 2018-12-06 10:25:47.000000. Listing information © 2019 Sandicor.

Property Features: • Zoning SP-DV (Specific Plan – Downtown Vista) and MU (Mixed Use) • 89 parking spaces for a 4.8 space per 1000sf parking ratio • 700’+ of street frontage along Postal Way and Santa Fe Place • Campus-like setting constructed circa 1990 • Easy access to the freeway (Highway 78) • Walking distance to mass transit (Sprinter / bus stations) and to shops and restaurants • Approximately 36 suites including ±20 small executive suites of 400sf or less • Extensive plumbing throughout the property • 17 restrooms in the two buildings • Larger building has fire sprinkler system • Many medium to large apartment complexes across the street to the south Financial Information: • Current occupancy ±51% (20 tenants in occupancy) • Current gross rents all tenants ±$14,840 ($1.66psf average for current occupied space) • Current Gross Rent Multiplier ±14.3, CAP on current occupancy ±3.5% • Average Annual Expenses over prior 3 years $89k per Owner/Seller’s Schedule E’s • Owner/Seller self-manages including all l

More Details

1.36 Acres
2 Stories

Call or Text: 619-568-2600

Thank you!