1960 Optima St - Restaurant FOR SALE


Chula Vista, CA 91915- Otay Ranch
$3,163,115 USD
619-535-9177
1960 Optima St, Chula Vista, CA for Sale
$3,163,115 USD
Restaurant - FOR SALE
1/5
null | 6.5% Cap Rate

1960 Optima St
Chula Vista, CA 91915
Otay Ranch


HIGHLIGHTS

  • 100% Occupancy
  • 8 Year Lease Terms Remaining w/Options
  • New High End Build Outs
  • Portfolio Sale Price: $6,326,230

OVERVIEW

Pacific Coast Commercial is proud to present a fantastic investment opportunity of two recently constructed, fully fixturized restaurants in the master planned community of Millenia in Chula Vista. Each restaurant is on a 10 year NNN lease with annual increases and occupy newly constructed buildings with high end improvements. A buyer has the opportunity to purchase both together or either one separately. Additionally, 1980 Optima Street could potentially be available for an owner-user scenario. Please contact brokers for an NDA to receive the full OM.

FOR SALE DETAILS

PRICE

$3,163,115 USD

PRICE/SF

$703 USD /SF

CAP RATE

6.5%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Restaurant NNN Investment Opportunity

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2022

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.15 AC

LAND SF

6,399 SF

ZONING

C-6

APN/PARCEL ID

643-065-20

ASK ABOUT THIS PROPERTY

Chase PeltonPacific Coast CommercialMore Info
619-535-9177

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Chase PeltonPacific Coast CommercialMore Info
619-535-9177

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