300 Rancheros Dr | San Marcos, CA 92069
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300 Rancheros Dr
San Marcos, CA 92069
Civic View Corporate Centre · Office Property For Sale
Executive Summary
Newmark, as exclusive advisor to the Seller, is pleased to present the opportunity to acquire Civic View (the “Property”), a Class A office building ideally located along Highway 78 in the San Marcos submarket of San Diego County. Totaling over 95,000 square feet, Civic View is widely regarded as Highway 78’s finest Class A office building and is 100% leased to 7 quality tenants with limited near term vacancy exposure.
PROPERTY FACTS
Sale Type
Investment
Property Type
Office
Building Size
95,190 SF
Building Class
A
LoopNet Rating
4 Star
Year Built
2008
Price
$17,250,000
Price Per SF
$181
Cap Rate
10.50%
NOI
$1,811,250
Percent Leased
100%
Tenancy
Multiple
Building Height
4 Stories
Typical Floor Size
23,798 SF
Slab To Slab
12’
Building FAR
0.48
Land Acres
4.57 AC
Zoning
SPA - Specific Plan Area
Parking
398 Spaces (4.18 Spaces per 1,000 SF Leased)
Amenities
- Controlled Access
- Commuter Rail
- Fitness Center
- Signage
- Reception
- Car Charging Station
PROPERTY TAXES
| Parcel Number | 760-248-01 | Improvements Assessment | $26,511,407 |
| Land Assessment | $4,123,993 | Total Assessment | $30,635,400 |
PROPERTY TAXES
Parcel Number
760-248-01
Land Assessment
$4,123,993
Improvements Assessment
$26,511,407
Total Assessment
$30,635,400
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