Listing ID: 220000318
Price: $7,300,000
Status: ACTIVE
Address: 9625 Black Mountain Rd
City: San Diego
State: California
Postal Code: 92126
Total Baths: 4
SqFt: 47,571
Acres: 1.090
County: San Diego
San Diego
Well located Office building with easy access to Interstate 15 and excellent visibility on the corner of Black Mountain Rd and Kearny Villa Rd. This is a desirable location for all kinds of services. This 3-story office building features underground parking and an elevator. The property offers a good sustainable tenant mix including beauty salons, medical services, auto dealers, an insurance agency and other services. Three of the units have diversified tenant pools which provide additional cash flow. Some of the units are at below market rents providing for potential increases for the property.

Primary Features

County: San Diego
Property Type: Commercial-Office/Rental/Industrial
Year Built: 1985


Common Restrooms: 4
Cooling: Central Forced Air Elec
Floors: Wood
Heating: Central Forced Air Elec
Number of Stories: 3
SqFt per Floor 1: 18156
SqFt per Floor 2: 18156
SqFt Source: Tax Record
Stories: 3 Story
Unit Number (1): Ask


Construction: Concrete
Entry Only: no
Number of Buildings: 1
Number of Units: 22
Parking: On Site, Underground
Parking Ratio: 2.11
Roof: Tar & Gravel
Sprinkler: Y


Complex/Park: Black Mountain Point
Country: United States
Location: Free Standing
Zip/Area: MIRA MESA (92126)


Building Amenities: Underground Parking, Elevator
Commercial Property Type: Office Lease
Effective Age: 1985
Neighboring Business Type (1): Commercial
Neighboring Business Type (2): Industrial
Neighboring Business Type (3): Office
Property Type: Office


Actual Gross Scheduled Income: 539207
Actual Operating Expense: 177493
Cap Rate Actual: 4.95
Cap Rate Projected: 5.8
Financial Info Source: Owner
LP/SqFt: 153.45
Monthly Rent (1): Rent roll
Price per SqFt of Improvement: 200
Projected Gross Scheduled Income: 600547
Projected Net Income: 423054
Projected Operating Expense: 177493
Sale Includes: Building, Land, Leases
Sale/Rent: For Sale
Sales Restrictions: N/K
Short Sale: no
Tenant Pays: Other/Remarks
Terms: Cash, Cash to New Loan

Zoning Info

Area Info

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Listing courtesy of Keller Williams SD Signature

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