952 Postal Way

    Vista, CA 92083
    • $2,550,000
    • STATUS: ACTIVE
    • ON SITE: 28 days
    • ID#: 180047905
    $2,550,000
    • 0
      BEDS
    • 1.36
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 18,603
      SQFT
    • $137
      $/SQFT
    Neighborhood:
    Type:
    Commercial
    Built:
    1990
    County:

    School Ratings & Info

    Description

    Property Features: • Zoning SP-DV (Specific Plan – Downtown Vista) and MU (Mixed Use) • 89 parking spaces for a 4.8 space per 1000sf parking ratio • 700’+ of street frontage along Postal Way and Santa Fe Place • Campus-like setting constructed circa 1990 • Easy access to the freeway (Highway 78) • Walking distance to mass transit (Sprinter / bus stations) and to shops and restaurants • Approximately 36 suites including ±20 small executive suites of 400sf or less • Extensive plumbing throughout the property • 17 restrooms in the two buildings • Larger building has fire sprinkler system • Many medium to large apartment complexes across the street to the south Financial Information: • Current occupancy ±51% (20 tenants in occupancy) • Current gross rents all tenants ±$14,840 ($1.66psf average for current occupied space) • Current Gross Rent Multiplier ±14.3, CAP on current occupancy ±3.5% • Average Annual Expenses over prior 3 years $89k per Owner/Seller’s Schedule E’s • Owner/Seller self-manages including all l

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    This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2018 San Diego MLS, Inc.
    www.triolorealty.com/homes/86912046

    952 Postal Way Vista, CA 92083

    • Price: $2,550,000
    • Status: ACTIVE
    • ID#: 180047905
    0
    Beds
    0
    Baths
    0
    ½ Baths
    1.36
    Acres
    18,603
    SQFT
    $137
    $/SQFT
    1990
    Built
    Neighborhood:
    Vista (92083)
    County:
    San Diego
    Area:
    Vista (92083)
    Property Description
    Property Features: • Zoning SP-DV (Specific Plan – Downtown Vista) and MU (Mixed Use) • 89 parking spaces for a 4.8 space per 1000sf parking ratio • 700’+ of street frontage along Postal Way and Santa Fe Place • Campus-like setting constructed circa 1990 • Easy access to the freeway (Highway 78) • Walking distance to mass transit (Sprinter / bus stations) and to shops and restaurants • Approximately 36 suites including ±20 small executive suites of 400sf or less • Extensive plumbing throughout the property • 17 restrooms in the two buildings • Larger building has fire sprinkler system • Many medium to large apartment complexes across the street to the south Financial Information: • Current occupancy ±51% (20 tenants in occupancy) • Current gross rents all tenants ±$14,840 ($1.66psf average for current occupied space) • Current Gross Rent Multiplier ±14.3, CAP on current occupancy ±3.5% • Average Annual Expenses over prior 3 years $89k per Owner/Seller’s Schedule E’s • Owner/Seller self-manages including all l
    Exterior Features

    Construction Stucco

    Interior Features

    Ceiling Height 10 Common Restrooms 4 Cooling Central Forced Air Elec Private Restrooms 13 Restrooms 17 Sq Ft Of Improvement 18603 Vacant Sq Ft 9000

    Property Features

    Actual Gross Scheduled Income 178000 Actual Operating Expense 85000 Assumable Finance 0 Building Amenities 2 BuildingsThe Larger Has Fire Sprinklers Buildings 2 Commercial Property Type Office Sale Effective Age 38 Mandatory Remarks None Known Market Area North County Monthly Rent Total 14840 Motive Want Retire Occupancy Percent 51 Overall Percent Vacant 49 Short Sale No Zoning Mu & Sp

    Listing provided courtesy of Tie Commercial. Listing information © 2018 San Diego MLS, Inc.
    This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2018 San Diego MLS, Inc.
     
    Keller Williams - Triolo Realty Group
    12780 High Bluff Drive, Suite 130
    San Diego CA, 92130