1211 W Vista Way 3,982 SF Office Building Vista, CA 92083 $1,750,000 ($439.48/SF) 4.08% Cap Rate
INVESTMENT HIGHLIGHTS
- Free standing medical office building
- Ample parking
- Excellent location near Hwy 78
- Established tenant in place
- Located within an office complex
EXECUTIVE SUMMARY
Excellent opportunity to purchase an investment property in Vista, California. The building was constructed in 2005 and is located within a well maintained office complex with ample parking and frontage along Vista Way. The building is currently occupied by an established medical tenant with a term lease in place. Tenant upgrades currently underway, including refurbishment of floors, ceiling and new paint throughout. Tenant is investing in the unit for their long term tenancy and growth within the building.
PROPERTY FACTS
Sale Type
Investment
Property Type
Office
Property Subtype
Medical
Building Size
3,982 SF
Building Class
B
Year Built
2005
Price
$1,750,000
Price Per SF
$439.48
Cap Rate
4.08%
NOI
$71,400
Tenancy
Single
Building Height
1 Story
Typical Floor Size
3,982 SF
Slab To Slab
9’
Building FAR
0.83
Lot Size
0.11 AC
Zoning
OP
Parking
25 Spaces (3.82 Spaces per 1,000 SF Leased)
AMENITIES
- Bus Line
- Signage
1 of 1
PROPERTY TAXES
| Parcel Number | 166-130-42 | Improvements Assessment | $656,186 |
| Land Assessment | $546,820 | Total Assessment | $1,203,006 |
