Listing ID: 220015642
Price: $7,300,000
Status: ACTIVE
Address: 9625 Black Mountain Rd
City: San Diego
State: California
Postal Code: 92126
Total Baths: 4
SqFt: 36,562
Acres: 1.090
County: San Diego
San Diego
CA
92126
Well located office building easy access from 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 is a 3-story office building with a private underground parking lot and elevator. Good mix of tenants with beauty salons, medical services, auto dealers, insurance agency etcetera. 3 of the units are diversified tenant pools which add some extra cash flow. The property has a lot of upside with its ideal location, with some of the tenants paying below market rents that any buyer can quickly realize given the buildings strong historical occupancy. The building has a brand new roof with the common areas being recently remodeled in 2022.

Primary Features

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

Interior

Common Restrooms: 4
Cooling: Central Forced Air Elec
Floors: Wood
Heating: Central Forced Air Elec
Number of Stories: 3
Office Percentage: 100
SqFt per Floor 1: 18156
SqFt per Floor 2: 18156
SqFt Source: Tax Record
Stories: 3 Story
Vacant SqFt: 1951

External

Construction: Concrete
Entry Only: no
Lot SqFt Approximate: 47571
Number of Buildings: 1
Number of Units: 1
Parking: On Site, Underground
Parking Ratio: 2.11
Roof: Tar & Gravel
Sprinkler: y

Location

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

Additional

Class: COMMERCIAL-OFF/RTL/IND
Commercial Property Type: Office Lease
Property Type: Office

Financial

Actual Gross Scheduled Income: 624928
Actual Operating Expense: 454057
Cap Rate Actual: 6.2
Financial Info Source: Owner
LP/SqFt: 199.66
Monthly Rent Total: 86168
Price per SqFt of Improvement: 200
Sale Includes: Building, Leases, Land
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 Compass

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