3665 Via De La Valle - Medical FOR SALE
Del Mar, CA 92014 |
3665 Via De La Valle
Del Mar, CA 92014
HIGHLIGHTS
- Attractive offering Actual CAP Rate of 5.00% / Single Tenant NNN properties in the immediate area are trading between 4.00%-4.50% CAP rates.
- ProForma CAP Rate of 5.14%. The ProForma CAP Rate is achieved at next built-in 3.00% rental increase
- Single Tenant NNN, 10 year lease, with built-in 3.00% rental increases/ Del Mar is a quaint seaside village located just 20 miles north of San Diego.
- Additional passive income of $7,800/YR, long term land lease of 17,500 Sq. Ft. of vacant undeveloped land/ Lot is a total of 1.38acres, 60,113 Sq. FT.
- The tenant has occupied this location for many years and is a local favorite! Recently signed new 10 year lease agreement.
- Ample onsite parking Asphalt-paved parking area of 26+ spaces. (5.36 per 1,000 SF)
FOR SALE DETAILS
PRICE
-
CAP RATE
-
% LEASED
-
TENANCY
-
BUILDING DETAILS
PROPERTY NAME
CORPORATE GUARANTEED ALL CREATURES HOSPITAL
PROPERTY TYPE
Office
PROPERTY SUBTYPE
Medical
ADD'L SUBTYPES
Veterinarian/Kennel
TOTAL BUILDING SIZE
4850
STORIES
2
BUILDING CLASS
B
YEAR BUILT
1984
SPRINKLERS
-
PARKING SPACES
25
LAND DETAILS
LAND ACRES
1.38 AC AC
LAND SF
60,113 SF
ZONING
-
APN/PARCEL ID
302-210-52
