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1615 E Plaza Blvd 5,350 SF 100% Leased Office Building National City, CA 91950 $6,094,567 CAD ($1,139.17 CAD/SF) 4% Cap Rate
Executive Summary
Located at an extremely busy signalized corner in the heart of National City. Excellent location with very high traffic, great for business exposure. This 7 unit retail center was fully remodeled in 2019. Many of the tenants are long term tenants. This area has seen a lot of growth and redevelopment of the near by properties. Highly desired area that is close to freeway access.
Property Facts
Sale Type
Investment
Sale Condition
1031 Exchange
Property Type
Office
Building Size
5,350 SF
Building Class
B
Year Built/Renovated
1967/2019
Price
$6,094,567 CAD
Price Per SF
$1,139.17 CAD
Cap Rate
4%
NOI
$243,783 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
2,675 SF
Slab To Slab
9’
Building FAR
0.36
Lot Size
0.34 AC
Zoning
CBDPD
Parking
20 Spaces (10 Spaces per 1,000 SF Leased)
Amenities
- Signage
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease End
-
- Accommodation and Food Services
- -
- -
- -
Kung Fu Tea began in Queens, New York in 2010 and grew from a local bubble tea concept into a broad beverage brand with a presence across the United States and Canada. The company focuses on bubble tea, milk tea, slushes, and other made-to-order drinks, with an emphasis on fresh brewing and Taiwan-inspired tea culture. Kung Fu Tea offers digital ordering through its app and promotes National Bubble Tea Day as part of its brand story.
| Tenant | Industry | SF Occupied | Rent/SF | Lease End | ||
|
|
Accommodation and Food Services | - | - | - |
Moderately walkable
60/100
Exceptionally drivable
100/100
Some public transit
50/100
Fairly bikeable
40/100
Property Taxes
| Parcel Number | 557-410-11 | Improvements Assessment | $867,797 CAD |
| Land Assessment | $938,324 CAD | Total Assessment | $1,806,122 CAD |
Property Taxes
Parcel Number
557-410-11
Land Assessment
$938,324 CAD
Improvements Assessment
$867,797 CAD
Total Assessment
$1,806,122 CAD
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1615 E Plaza Blvd
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