Embed Size (px)
Citation preview
INVESTMENT OPPORTUNITY504 EAST ALVARADO STREET | FALLBROOK, CA±17,256 SF PROFESSIONAL OFFICE / COMMERCIAL / INDUSTRIAL BUILDING
LEE & ASSOCIATES - NEWPORT BEACH100 BAYVIEW CIRCLE, SUITE 600
NEWPORT BEACH, CA 92660
949.724.1000 | WWW.LEE-ASSOCIATES.COM
For more information, please contact:
CHRIS COYTEPres./Mg. DirectorT: 949.724.4747F: 949.623.6347E: [email protected] #: 01017328
PROPERTY HIGHLIGHTS:
• Price: $2,500,000 ($145/SF)
• Excellent Multi-Tenant Investment Opportunity
• Balanced Mix of Office, Commercial and Industrial Units
• Tenant Identification Signage
• Ground Level Loading
• Individual Electrical Metering
• Well Maintained Grounds
• Located Next to the San Diego County Sheriff’s Fallbrook Substation
• Rent Roll Available Upon Request
FORS A L E
5.5%
CAP RATE
DISCLAIMER: The information contained herein has been obtained from the property owner or other third party and is provided to you without verification as to accuracy. We (Lee & Associates, its brokers, employees, agents, principals, officers, directors and affiliates) make no warranty or representation regarding the information, property, or transaction. You and your attorneys, advisors and consultants should conduct your own investigation of the property and transaction.
N BR
ANDO
N RD
E ALVARADO ST
W ELDER ST
E FALLBROOK ST
E MISSION RD
E DOUGHERTY ST
E KALMIA ST
S MISSION
RD
S VINE ST
POTTER ST
OFFERING SUMMARY:Price $2,500,000Price / SF $145Building Size 17,256 SFLand Area 1.24 Acres (54,000 SF)Parcel Number 103-233-27 & 103-233-28Parking 62 Stalls (Expandable)Year Built 1990Type of Ownership Fee SimpleCross Streets Alvarado & Brandon RoadUnit Sizes 1,000 - 6,200 SFLoading Ground Level Doors (10’x10’)Clear Height (Industrial) ±15'
LOCATION MAP
504 EAST ALVARADO STREET | FALLBROOK, CA
DISCLAIMER: The information contained herein has been obtained from the property owner or other third party and is provided to you without verification as to accuracy. We (Lee & Associates, its brokers, employees, agents, principals, officers, directors and affiliates) make no warranty or representation regarding the information, property, or transaction. You and your attorneys, advisors and consultants should conduct your own investigation of the property and transaction.
504 EAST ALVARADO STREET | FALLBROOK, CA
Not to scale. Not as built.
EXPENSES:Expense AnnualLandscape $4,800Water & Sewer $12,000Phone $1,356Insurance $3,204Property Tax (1.1% Verify) $27,500Electric $1,920Trash Service $1,116Sprinkler Monitoring & Testing $3,600Pest Control $1,632Total $57,128
INCOME:Income AnnualRent $183,900Over Base Year RE Property Tax Reimbursement
$11,225
Total $195,125
E A S T A LVA R A D O S T R E E T
CLOSET
For more information, please contact:
CHRIS COYTEPres./Mg. DirectorT: 949.724.4747F: 949.623.6347E: [email protected] #: 01017328
