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9625 Black Mountain Rd

San Diego, CA 92126
  • $7,300,000
  • STATUS: ACTIVE
  • ON SITE: 20 Days
  • ID#: 220000318
UPDATED: 50 min ago
$7,300,000
  • 0
    BEDS
  • 1.09
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
1985
County:

School Ratings & Info

Description

Well located Office building with easy access to Interstate 15 and excellent visibility on the corner of Black Mountain Rd and Kearny Villa Rd. This is a desirable location for all kinds of services. This 3-story office building features underground parking and an elevator. The property offers a good sustainable tenant mix including beauty salons, medical services, auto dealers, an insurance agency and other services. Three of the units have diversified tenant pools which provide additional cash flow. Some of the units are at below market rents providing for potential increases for the property.

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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 © 2022 San Diego MLS, Inc. Licensed in the state of California.
www.lajollaagent.com/homes/124541810
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9625 Black Mountain Rd San Diego, CA 92126

  • Price: $7,300,000
  • Status: ACTIVE
  • On Site: 20 Days
  • Updated: 50 min ago
  • ID#: 220000318
0
Beds
0
Baths
0
½ Baths
1.09
Acres
1985
Built
Neighborhood:
Mira Mesa (92126)
County:
San Diego
Area:
Mira Mesa (92126)
Property Description
Well located Office building with easy access to Interstate 15 and excellent visibility on the corner of Black Mountain Rd and Kearny Villa Rd. This is a desirable location for all kinds of services. This 3-story office building features underground parking and an elevator. The property offers a good sustainable tenant mix including beauty salons, medical services, auto dealers, an insurance agency and other services. Three of the units have diversified tenant pools which provide additional cash flow. Some of the units are at below market rents providing for potential increases for the property.
Exterior Features

Construction Concrete Location Free Standing Neighboring Business Type1 Commercial Neighboring Business Type2 Industrial Neighboring Business Type3 Office Parking On SiteUnderground Parking Ratio 2.11 Roof Tar & Gravel

Interior Features

Common Restrooms 4 Cooling Central Forced Air Elec Estimated Square Feet 47571 Floors Wood Heating Central Forced Air Elec Private Restrooms 0 Restrooms 4 Sprinkler Y Sq Ft Per Floor1 18156 Sq Ft Per Floor2 18156 Stories 3 Story

Property Features

Actual Cap Rate 4.95 Actual Gross Scheduled Income 539207.0 Actual Operating Expense 177493 Assumable Finance 4000000 Building Amenities Underground ParkingElevator Buildings 1 Commercial Property Type Office Lease Complex Park Black Mountain Point Effective Age 1985 Existing Financing Conventional Financial Information Source Owner Mandatory Remarks None Known Monthly Rent1 Rent Roll Motive Want Bigger Property Occupancy Percent 92 Overall Percent Vacant 7 Projected Cap Rate 5.8 Projected Gross Scheduled Inc 600547 Projected Net Income 423054 Projected Operating Expense 177493 Property Type Office Sale Includes BuildingLandLeases Sales Restrictions N/K Short Sale No Sq Ft Source Tax Record Tenant Pays Other/Remarks Terms CashCash To New Loan Unit Number1 Ask Zoning Industrial

Listing provided courtesy of Keller Williams Sd Signature. Listing information © 2022 San Diego MLS Inc. Source: SDMLS
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 © 2022 San Diego MLS, Inc. Licensed in the state of California.
 
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