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1338 N Santa Fe Ave

1,712 SF Retail Building Vista, CA 92083 $690,000 ($403/SF) 5.50% Cap Rate

Investment Highlights

  • Property Contains Two Entry Points
  • Existing Tenant is on Month-to-Month Lease
  • Redevelopment Opportunity
  • Great Upside Potential for Redevelopment Site

Executive Summary

Building has an existing tenant which brings in $3,200 in monthly income. Potential for rent increase if redevelopment is not pursued. Listed Cap Rate is Pro-Forma.

Property Facts

Sale Type
Investment
Sale Condition
Redevelopment Project
Property Type
Retail
Property Subtype
Freestanding
Building Size
1,712 SF
Building Class
C
Year Built
1946
Price
$690,000
Price Per SF
$403
Cap Rate
5.50%
NOI
$37,950
Tenancy
Single
Building Height
1 Story
Building FAR
0.23
Land Acres
0.17 AC
Zoning
C-6
Parking
6 Spaces (3.5 Spaces per 1,000 SF Leased)
Frontage
49 FT on N Santa Fe Ave
Walk Score ®
Very Walkable (72)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
161-251-55
Land Assessment
$312,120
Improvements Assessment
$228,888
Total Assessment
$541,008
  • Listing ID: 32003071

  • Date on Market: 6/3/2024

  • Last Updated:

  • Address: 1338 N Santa Fe Ave, Vista, CA 92083

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