1900 Wright Pl - Office FOR SALE


Carlsbad, CA 92008
$17,303,000 USD
480-221-4221
1900 Wright Pl, Carlsbad, CA for Sale
$17,303,000 USD
Office - FOR SALE
1/11
null | 6% Cap Rate

1900 Wright Pl
Carlsbad, CA 92008


HIGHLIGHTS

  • Corporate Guaranteed | 3% Annual Increases | Options to Extend
  • Absolute NNN | Fee Simple Ownership | Zero Landlord Responsibilities
  • Palomar Airport Business Park | I-5 (217K+ VPD) Access
  • Premier San Diego Office Market | Affluent Coastal Demographics

OVERVIEW

SRS National Net Lease is pleased to offer the opportunity to acquire the fee simple interest (land & building ownership) in an absolute NNN, freestanding, corporate guaranteed, single tenant office building investment property located in Carlsbad, California (San Diego). The tenant, TrumpCard Holdings LLC, has over 4 years remaining on its lease with 2 (3-year) options to extend. The lease features 3% annual rental increases throughout the initial term and Fair Market Value (FMV) increases during each option period, providing a strong hedge against inflation. The lease is absolute NNN with zero landlord responsibilities making it an ideal, management free investment opportunity for a passive investor.

FOR SALE DETAILS

PRICE

$17,303,000 USD

PRICE/SF

$503 USD /SF

CAP RATE

6%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Trumpcard Office Building

PROPERTY TYPE

Office

ADD'L SUBTYPES

Freestanding, Office/Residential, undefined

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

B

YEAR BUILT

2001

SPRINKLERS

-

PARKING SPACES

132

LAND DETAILS

LAND ACRES

3.13 AC

LAND SF

136,343 SF

ZONING

PM, Planned Industrial

APN/PARCEL ID

212-091-25

ASK ABOUT THIS PROPERTY

Patrick LutherSRS National Net LeaseMore Info
480-221-4221

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Patrick LutherSRS National Net LeaseMore Info
480-221-4221

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