8169 Center St - Service FOR SALE


La Mesa, CA 91942
$1,700,000 USD
310-245-2060
8169 Center St, La Mesa, CA for Sale
$1,700,000 USD
Service - FOR SALE
1/11
null | 2.98% Cap Rate

8169 Center St
La Mesa, CA 91942


HIGHLIGHTS

  • Stable Single Tenant Industrial Building - 5,236 SF
  • Rooftop Billboard Income with Negotiation Potential - Increase to $1,500+ Monthly
  • Direct Access to (8) Freeway - Zoned Industrial (M Zone)
  • Under Market Rents - Lease Expiration May 31, 2030

OVERVIEW

Introducing 8167 Center Street, La Mesa, CA - a prime investment opportunity in the heart of La Mesa's industrial zone. This 5,236 SF single-tenant building, currently at 100% occupancy, presents a stable income stream with the potential for increased returns. With direct access to the (8) Freeway and a rooftop billboard offering high visibility, this property provides a lucrative investment in a sought-after location. Don't miss the chance to acquire this well-positioned asset and unlock its full potential. Seven (7) car parking in front of the building. The building is currently leased to La Mesa Wine Works / San Pasqual Winery with a lease expiration of May 31, 2030. The building is used for winemaking and tasting. There are Three (3%) percent annual rent increases. All cash at close of escrow. Selling "AS IS, WHERE IS, WITH ALL FAULTS".

FOR SALE DETAILS

PRICE

$1,700,000 USD

PRICE/SF

$325 USD /SF

CAP RATE

2.98%

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

8167-8169 Center St., La Mesa, CA 91942

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Service

ADD'L SUBTYPES

undefined, Restaurant, Showroom

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1970

UTILITIES

Lighting, Gas, Water, Sewer, Heating

CLEAR CEILING HT

-

DOCKS

-

DRIVE INS

-

PARKING SPACES

7

LAND DETAILS

LAND ACRES

0.21

LAND SF

9,298

ZONING

Industrial (M Zone)

APN/PARCEL ID

470-073-12-00

ASK ABOUT THIS PROPERTY

Brent BallBall Investment GroupMore Info
310-245-2060

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Brent BallBall Investment GroupMore Info
310-245-2060

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