1130 D St - Restaurant FOR SALE


Ramona, CA 92065
$3,259,000 USD
925-989-2846
1130 D St, Ramona, CA for Sale
$3,259,000 USD
Restaurant - FOR SALE
1/6
null | 5.25% Cap Rate

1130 D St
Ramona, CA 92065


OVERVIEW

MIxed use building with a 3400 sq ft, or so, restaurant leased out for another 8 1/2 years. Thai food, called Basil Leaf. One apartment upstairs, and (14) 675 sq ft office and service spaces. Fully occupied. The onsite Property Manager occupies #4 and pays no rent in lieu of getting paid a management fee. Unit #5 lease started on 4/28 for three years. Leases are modified gross and each unit is SDG&E metered. The NOI is calculated with the new property tax rate at this price. Ample parking, 49, or so, spaces. Newer parking lot surface and roof.

FOR SALE DETAILS

PRICE

$3,259,000 USD

PRICE/SF

$221 USD /SF

CAP RATE

5.25%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Villa Rosa Center

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

ADD'L SUBTYPES

Storefront Retail/Office, Office/Residential

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1979

SPRINKLERS

-

PARKING SPACES

49

LAND DETAILS

LAND ACRES

0.39 AC

LAND SF

16,988 SF

ZONING

Mixed Use

APN/PARCEL ID

281-240-13,281-240-14

ASK ABOUT THIS PROPERTY

Mitchell PereiraURS CommercialMore Info
925-989-2846

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Mitchell PereiraURS CommercialMore Info
925-989-2846

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.