HIGHLIGHTS
- 10-Year NNN Lease, Minimal Landlord Responsibilities - Landlord solely responsible for roof and structure
- 4% Annual Rent Increases Throughout Base Term - With two, 5-year renewal options at fair market value
- Leased to Sunstate Equipment Rentals - A growing provider of construction and industrial equipment with over 90 locations across 16 states
- 0.58% Industrial Vacancy Rate in East County San Diego - Significantly lower than county wide average of 5.12%
- Just off Highway 67 with 99,515 VPD - Direct access to Interstate 8 and SR-52
FOR SALE DETAILS
PRICE
$7,911,000 USD
PRICE/SF
$476 USD /SF
CAP RATE
5.25%
% LEASED
-
TENANCY
Single
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
Brand New Sunstate Equipment Rentals
PROPERTY TYPE
Industrial
PROPERTY SUBTYPE
Warehouse
ADD'L SUBTYPES
Storefront, Distribution, Service
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
1982
UTILITIES
-
CLEAR CEILING HT
-
DOCKS
-
DRIVE INS
3
PARKING SPACES
-
LAND DETAILS
LAND ACRES
1.53
LAND SF
66,647
ZONING
M-54
APN/PARCEL ID
483-022-69
ASK ABOUT THIS PROPERTY
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760-930-7931
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760-930-7931
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