177 Vallecitos de Oro - Manufacturing FOR SALE


San Marcos, CA 92069
$4,403,000 USD
858-527-2727
177 Vallecitos de Oro, San Marcos, CA for Sale
$4,403,000 USD
Manufacturing - FOR SALE
1/19
null | 5.75% Cap Rate

177 Vallecitos de Oro
San Marcos, CA 92069


HIGHLIGHTS

  • 100% NNN Leased Industrial | $179 PSF Low Basis | 6.0% Cap Rate | San Diego, CA
  • Well below $250-$270/PSF vacant owner-user comparables
  • Well below $300/PSF replacement cost
  • Excellent ingress/egress with adjacency to the 78 Corridor

OVERVIEW

SINGLE-TENANT NNN LEASE - TRULY PASSIVE OWNERSHIP * 100% NNN leased at below market rents to Window World, America's largest replacement window and exterior remodeling company, offering quality energy-efficient replacement windows, doors, siding, shutters and more, with over 200 locations nationwide. They have sold over 25,000,000 windows to date, including 1,000,000 windows annually since 2009. * Well below $250-$270/PSF vacant owner-user comparables. * Well below $300/PSF replacement cost. * Supply-constrained North San Diego County submarket with a 0.8% vacancy rate for high finish industrial. * Massive mark-to-market play with only a $179/PSF basis providing a 7.06% mark-to-market cap rate. * Adjacent to North County's largest development, North City, which is a 200-acre development comprised of 3,400 residential units, 375k SF of retail, 1M SF of office and 20 acres of parks. * Excellent ingress/egress with adjacency to the 78 Corridor and with several million SF of retail amenities.

FOR SALE DETAILS

PRICE

$4,403,000 USD

PRICE/SF

$179 USD /SF

CAP RATE

5.75%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Manufacturing

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1985

UTILITIES

-

CLEAR CEILING HT

-

DOCKS

1

DRIVE INS

2

PARKING SPACES

25

LAND DETAILS

LAND ACRES

1.3

LAND SF

56,628

ZONING

7

APN/PARCEL ID

219-172-49

ASK ABOUT THIS PROPERTY

Matt PourchoCBRE, Inc.More Info
858-527-2727

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

Matt PourchoCBRE, Inc.More Info
858-527-2727

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