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1940 Garnet Ave - Garnet Pacific Plaza

1,620 SF Office Condo Unit Offered at $800,000 in San Diego, CA 92109

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Investment Highlights

Prime Pacific Beach Location on a high traffic street.
Currently leased garnering a 6.12% Cap Rate, but can be bought to occupy available in 60 days.

Located in Pacific Beach just 1 mile west of the I-5 and walkable to San Diego's hot spots, including restaurants, coffee shops and the beach!

Executive Summary

Prime Pacific Beach Office Location on Garnet Avenue with lots of daily traffic. Secured underground parking with two parking spots, conference room, shower facilities and elevator service. Offices include a meeting area and kitchenette and have all been recently redone. Located in Pacific Beach just 1 mile west of the I-5 and walkable to San Diego's hot spots, including restaurants, coffee shops and the beach.

Property Facts

Price	$800,000	Building Class	B
Unit Size	1,620 SF	Floors	3
No. Units	1	Typical Floor Size	6,532 SF
Total Building Size	19,174 SF	Year Built	1984
Property Type	Office (Condo)	Lot Size	0.22 AC
Sale Type	Investment or Owner User	Parking Ratio	1.55/1,000 SF

Price	$800,000
Unit Size	1,620 SF
No. Units	1
Total Building Size	19,174 SF
Property Type	Office (Condo)
Sale Type	Investment or Owner User
Building Class	B
Floors	3
Typical Floor Size	6,532 SF
Year Built	1984
Lot Size	0.22 AC
Parking Ratio	1.55/1,000 SF

1 Unit Available

Unit 100-110

Unit Size	1,620 SF	Cap Rate	9.96%
Price	$800,000	NOI	$79,680
Price Per SF	$493.83	No. Parking Spaces	2
Condo Use	Office	APN/Parcel ID	416-533-25-20
Sale Type	Investment or Owner User

Unit Size	1,620 SF
Price	$800,000
Price Per SF	$493.83
Condo Use	Office
Sale Type	Investment or Owner User
Cap Rate	9.96%
NOI	$79,680
No. Parking Spaces	2
APN/Parcel ID	416-533-25-20

Description

Prime Pacific Beach Location on a high traffic street! First floor modern office condo with 7 (potential for 8) good size office spaces including a meeting area and kitchenette. All recently redone and move in ready!
Secured underground parking with two parking spots, conference room, shower facilities and elevator service. Located in Pacific Beach just 1 mile west of the I-5 and walkable to San Diego's hot spots, including restaurants, coffee shops and the beach!