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131 Aberdeen Dr
12,906 SF Office Building Cardiff By The Sea, CA 92007 $11,900,000 ($922/SF)
Investment Highlights
- Freestanding Improved Office Building
- Excellent Signage and Parking
- Financially Accretive Compared to Leasing
- Ocean View Deck
- Fully Furnished - "Plug N Play"
Executive Summary
* Rare On-Site Parking | The oversized 0.58 acre lot contains 41 on-site parking spaces which is unique for any coastal property in the surrounding area. Ownership has 4 gates that are not installed, but come with the sale of the property for a buyer to install should they want to secure the parking which would allow security as well as the ability to monetize the parking spaces.
* Modern Creative Office Improvements & Rooftop Ocean View Deck | The modernized open ceiling finishes are complimented by showers, large surf board racks and storage. The rooftop deck offers panoramic coastal views up and down the North County coastline.
* Fully Furnished - "Plug N Play" | The building comes fully furnished with adjustable desks, chairs, cabled, ping pong table, lamps, etc., saving a buyer approximately $40/PSF or $519,000 of move in expenses.
* Financially Accretive Compared to Leasing | Low occupancy cost given the depreciation write-off, principal paydown and building appreciation. This is important for business owners who strive to not only minimize expenses but have their business occupancy contribute to their investment portfolio/retirement.
Taxes & Operating Expenses (Actual - 2024) Click Here to Access |
Annual | Annual Per SF |
|---|---|---|
| Taxes |
-
|
-
|
| Operating Expenses |
-
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-
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| Total Expenses |
$99,999
|
$9.99
|
Taxes & Operating Expenses (Actual - 2024) Click Here to Access
| Taxes | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
Amenities
- Kitchen
- Roof Terrace
- Car Charging Station
Space Availability
- Space
- Size
- Space Use
- Condition
- Available
Current buildout includes 3 private offices, 1 large conference room, 1 huddle room, open office space, a break area, private restrooms.
Current buildout includes open office space, 2 conference rooms, 4 private offices, huddle rooms, a break area, private restrooms, access to rooftop balcony.
| Space | Size | Space Use | Condition | Available |
| 1st Floor | 6,453 SF | Office/Retail | Full Build-Out | Now |
| 2nd Floor | 6,453 SF | Office/Retail | Full Build-Out | Now |
1st Floor
| Size |
| 6,453 SF |
| Space Use |
| Office/Retail |
| Condition |
| Full Build-Out |
| Available |
| Now |
2nd Floor
| Size |
| 6,453 SF |
| Space Use |
| Office/Retail |
| Condition |
| Full Build-Out |
| Available |
| Now |
1st Floor
| Size | 6,453 SF |
| Space Use | Office/Retail |
| Condition | Full Build-Out |
| Available | Now |
Current buildout includes 3 private offices, 1 large conference room, 1 huddle room, open office space, a break area, private restrooms.
2nd Floor
| Size | 6,453 SF |
| Space Use | Office/Retail |
| Condition | Full Build-Out |
| Available | Now |
Current buildout includes open office space, 2 conference rooms, 4 private offices, huddle rooms, a break area, private restrooms, access to rooftop balcony.
PROPERTY TAXES
| Parcel Number | 261-032-28 | Improvements Assessment | $3,546,338 |
| Land Assessment | $5,891,423 | Total Assessment | $9,437,761 |
PROPERTY TAXES
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Matt Pourcho -
Casey Sterk -
CBRE, Inc.
Presented by
131 Aberdeen Dr
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