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Vacant-User

Broadway Auto Retail

935 Broadway, Chula Vista, CA 91911

Listing Price: $1,550,000

Cap Rate
3.70%
Gross SF
4,000
Rentable SF
4,000
Price/Gross SF
$387.50
Lot Size
0.30 acres
Year Built
1991

Investment Overview

Marcus & Millichap, is pleased to present for sale, 935 Broadway, Chula Vista, CA 91911. The property is a 4,000 square-foot, auto retail building, situated on a 13,200 two parcel lot on Broadway, the main thoroughfare through Chula Vista, the second largest city in San Diego County. The property is currently 100% leased, to two auto repair tenants and one retail tenant, all on month to month leases. This presents the opportunity for an owner-user or an investor to purchase this exceptionally located asset in one the largest neighborhoods in the county. An owner user can occupy up to 2,720 SF on the two front suites and continue to lease up rear 1,280 SF suite for additional income. An investor can continue to lease up the building to the three tenants and structure new leases at market rents to maximize returns. The property is located in the City of Chula Vista is located just 7 miles south of Downtown San Diego. Situated on Broadway, the busiest street in Chula Vista and only 5 blocks from I-5 Freeway on the L St exit. Just one mile away is the long awaited Chula Vista Bayfront Project, a $1B dollar development on a 535 acre site in the marina including an RV Resort, Bike Promenade, twenty two story 1,600 room resort hotel, convention center, 1,500 residential condos, 420,000 SF commercial, and recreation beach park.

Investment Highlights

  • Owner-User or Investment Opportunity on Broadway the main thoroughfare in Chula Vista
  • 4,000 SF Auto Service/Retail, with Store Front Retail and 10 Space Adjacent Parking Lot
  • 5 Blocks from Chula Vista Bayfront Project: 535 Acre Development of Resort, Hotel, Harbor Park, Convention Center, Residential

Exclusively Listed By

Listing Price: $1,550,000

Cap Rate
3.70%
Gross SF
4,000
Rentable SF
4,000
Price/Gross SF
$387.50
Lot Size
0.30 acres
Year Built
1991

Investment Highlights

  • Owner-User or Investment Opportunity on Broadway the main thoroughfare in Chula Vista
  • 4,000 SF Auto Service/Retail, with Store Front Retail and 10 Space Adjacent Parking Lot
  • 5 Blocks from Chula Vista Bayfront Project: 535 Acre Development of Resort, Hotel, Harbor Park, Convention Center, Residential

Investment Overview

Marcus & Millichap, is pleased to present for sale, 935 Broadway, Chula Vista, CA 91911. The property is a 4,000 square-foot, auto retail building, situated on a 13,200 two parcel lot on Broadway, the main thoroughfare through Chula Vista, the second largest city in San Diego County. The property is currently 100% leased, to two auto repair tenants and one retail tenant, all on month to month leases. This presents the opportunity for an owner-user or an investor to purchase this exceptionally located asset in one the largest neighborhoods in the county. An owner user can occupy up to 2,720 SF on the two front suites and continue to lease up rear 1,280 SF suite for additional income. An investor can continue to lease up the building to the three tenants and structure new leases at market rents to maximize returns. The property is located in the City of Chula Vista is located just 7 miles south of Downtown San Diego. Situated on Broadway, the busiest street in Chula Vista and only 5 blocks from I-5 Freeway on the L St exit. Just one mile away is the long awaited Chula Vista Bayfront Project, a $1B dollar development on a 535 acre site in the marina including an RV Resort, Bike Promenade, twenty two story 1,600 room resort hotel, convention center, 1,500 residential condos, 420,000 SF commercial, and recreation beach park.

Exclusively Listed By

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