For Sale – Fully Leased Industrial Condo | $1,599,000 | 4.66% Cap | Chula Vista, CA Property Overview: Turnkey, fully leased industrial condo in the heart of Chula Vista’s high-demand commercial corridor. Suite 102 offers a 4,680 SF industrial/flex space within a multi-tenant building, leased on a NNN basis. This low-maintenance asset provides investors with stable cash flow and minimal landlord responsibilities. Address: 681 Anita St, Suite 102 Chula Vista, CA 91911 Asking Price: $1,599,000 Cap Rate: 4.66% Gross Scheduled Income: $74,616/Year Net Operating Income (NOI): $74,616/Year (NNN Lease) Property Highlights: Size: 4,680 SF Industrial Condo Clear Height: 18 FT Roll-Up Door: 1 Grade-Level Power: 300 Amps, 3-Phase Parking: Reserved Spaces, Gated Sprinklers: Wet System Year Built/Renovated: 1983 / 2005 Zoning: ILP – Industrial Limited Precise Plan Tenant: Fully leased with stable long-term occupancy Lease Type: NNN Monthly Base Rent: $6,218 NNN Reimbursement: $1,478/Month Strategic Location: Just 6 miles from the US-Mexico Border 10 miles from Downtown San Diego Easy access to I-5, SR-54, and I-805 14-minute walk to Palomar Street Trolley Station Surrounded by national and regional logistics, service, and light manufacturing companies Demographics & Demand Drivers: Population within 5 Miles: 315,961 Average Household Income (5 Mile): $93,337 Annual Consumer Spending (5 Mile): $3.3 Billion+ Located in a business-friendly, high-demand industrial zone Investor Opportunity: Perfect for 1031 Exchange buyers, portfolio investors, and anyone seeking a hands-off, cash-flowing industrial property in a supply-constrained submarket with excellent logistics and future appreciation potential. ?? Contact us today for the full OM, rent roll, and to schedule a private showing.