This feature is unavailable at the moment.

We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.

Please check back in a few minutes. We apologize for the inconvenience.

- LoopNet Team

Close
You must register your contact information to view secure information on this listing.
You must register your contact information to view secure information on this listing.

Share This Listing

Please enter a valid email address.

Note: To send this property to multiple individuals, insert a semi-colon between each recipient's email address.

937 characters remaining

LoopNet has taken a strong stance against the practice of sending unsolicited commercial emails, also known as "spam." Please send these emails only to people you know who would be interested in this property. If someone asks you not to send these emails to them, please comply.

We will automatically send your friend a one-time email inviting him or her to visit the site. LoopNet stores this information for the sole purpose of sending this one-time email and tracking the success of our referral program. View LoopNet's Privacy Policy

thank you

Your email has been sent!

SANDERLING DIALYSIS CENTER 963 Lane Ave

9,500 SF Office Building Chula Vista, CA 91914 $6,312,222 ($664/SF) 5.40% Cap Rate

Medical Offices California Chula Vista 963 Lane Ave, Chula Vista, CA 91914

Investment Highlights

  • HIGH-CALIBER OPERATOR: The property is leased to Sanderling Renal Services – a renal services operator with 19 locations.
  • CLASS “A” REAL ESTATE: This property, constructed in 2008, features appealing finishes and boasts significant curb appeal.
  • HEDGE AGAINST INFLATION: The tenant’s lease features annual rental bumps with an average escalator of 3%.
  • STRONG SUBMARKET POSITIONING: Sanderling is located just off CA-125 on Otay Lakes Road in the heart of a major cluster of office & retail development.
  • SIGNIFICANT TENANT INVESTMENT: Tenant has invested over $1MM in tenant improvements beyond landlord’s allowance thus demonstrating their commitment.
  • CREDIT-ENHANCED LEASE: Investors will benefit from a credit-enhanced lease which includes a corporate and personal guarantee.

Executive Summary

Broker of Record
David Harrington
License No. 02168060 (CA)
(866) 889-0550
Matthews Real Estate Investment Services, Inc
2321 Rosecrans Ave.,
Suite 1225, El Segundo, CA 90245

Property Facts

Sale Type
Investment
Property Type
Office
Property Subtype
Medical
Building Size
9,500 SF
Building Class
A
Year Built
2008
Price
$6,312,222
Price Per SF
$664
Cap Rate
5.40%
NOI
$340,860
Tenancy
Single
Building Height
1 Story
Typical Floor Size
10,500 SF
Slab To Slab
12’
Building FAR
0.11
Lot Size
1.98 AC
Zoning
CPC
Parking
50 Spaces (5.26 Spaces per 1,000 SF Leased)

Links

1 of 1
Walk Score ®
Very Walkable (76)
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.®
Learn How It Works Detailed Scores

PROPERTY TAXES

Parcel Number 595-232-37-05 Improvements Assessment $2,297,040
Land Assessment $3,060,000 Total Assessment $5,357,040

PROPERTY TAXES

Parcel Number
595-232-37-05
Land Assessment
$3,060,000
Improvements Assessment
$2,297,040
Total Assessment
$5,357,040
(630) 854-9717

Contacts

  • Listing ID: 33846122

  • Date on Market: 11/12/2024

  • Last Updated:

  • Address: 963 Lane Ave, Chula Vista, CA 91914

More public record information on 963 Lane Ave, Chula Vista, CA 91914

The Office Property at 963 Lane Ave, Chula Vista, CA 91914 is currently available for sale. Contact Matthews Real Estate Investment Services for more information.

Office PROPERTIES IN NEARBY NEIGHBORHOODS

Nearby Listings

1 of 5
VIDEOS
3D TOUR
PHOTOS
STREET VIEW STREET
MAP

1/5
963 Lane Ave, Chula Vista, CA for sale Building Photo- Image 1 of 5
Sanderling Dialysis of Chula Vista - Hero 2 wm
963 Lane Ave, Chula Vista, CA for sale Building Photo- Image 2 of 5
Sanderling Dialysis of Chula Vista - Hero 1 wm
963 Lane Ave, Chula Vista, CA for sale Building Photo- Image 3 of 5
Sanderling Dialysis of Chula Vista - Hero 3 wm
963 Lane Ave, Chula Vista, CA for sale Building Photo- Image 4 of 5
Sanderling Dialysis of Chula Vista - Map 1 wm

1 of 1

Connect with us

© 2024 CoStar Group

The LoopNet service and information provided therein, while believed to be accurate, are provided "as is". LoopNet disclaims any and all representations, warranties, or guarantees of any kind.

SANDERLING DIALYSIS CENTER | 963 Lane Ave
(630) 854-9717 x

SANDERLING DIALYSIS CENTER | 963 Lane Ave

1/3

Tyler Swade

(630) 854-9717

(630) 854-9717

Michael Moreno

(949) 432-4511

(949) 432-4511

Rahul Chhajed

(818) 434-1106

(818) 434-1106

Already a member? Log In

First Name*

Last Name*

Please enter an email address.

Email*

Phone*

Ext (optional)

Company (optional)

Please leave a message.

Message*

{{messageTextLength}} out of 600

New to LoopNet? No problem. We'll automatically create a free account for you. By clicking the button, you agree to LoopNet's Terms of Use and Privacy Policy.

Hmm, there seems to have been an error sending your message. Please try again.

Thanks! Your message was sent.

Send another message

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, 'rating') }}
255 character limit ({{ remainingChars() }} characters remainingover)
{{ getErrorText(feedbackForm.msg, 'rating') }}
{{ getErrorText(feedbackForm.fname, 'first name') }}
{{ getErrorText(feedbackForm.lname, 'last name') }}
{{ getErrorText(feedbackForm.phone, 'phone number') }}
{{ getErrorText(feedbackForm.phonex, 'phone extension') }}
{{ getErrorText(feedbackForm.email, 'email address') }}
You can provide feedback any time using the Help button at the top of the page.

Share Link