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1980 Optima St
Chula Vista, CA 91915
Restaurant NNN Investment Opportunity · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- 100% Occupancy
- New High End Build Outs
- 8 Year Lease Terms Remaining w/Options
- Portfolio Sale Price: $6,326,230
EXECUTIVE SUMMARY
Pacific Coast Commercial is proud to present a fantastic investment opportunity of two recently constructed, fully fixturized restaurants in the master planned community of Millenia in Chula Vista.
Each restaurant is on a 10 year NNN lease with annual increases and occupy newly constructed buildings with high end improvements. A buyer has the opportunity to purchase both together or either one separately.
Additionally, 1980 Optima Street could potentially be available for an owner-user scenario.
Please contact brokers for an NDA to receive the full OM.
Each restaurant is on a 10 year NNN lease with annual increases and occupy newly constructed buildings with high end improvements. A buyer has the opportunity to purchase both together or either one separately.
Additionally, 1980 Optima Street could potentially be available for an owner-user scenario.
Please contact brokers for an NDA to receive the full OM.
PROPERTY FACTS
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Restaurant
Building Size
4,500 SF
Building Class
C
Year Built
2022
Price
$4,351,244 CAD
Price Per SF
$966.94 CAD
Cap Rate
6.50%
NOI
$282,831 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.74
Lot Size
0.14 AC
Zoning
R-1
PROPERTY TAXES
| Parcel Number | 643-065-22 | Improvements Assessment | $1,879,046 CAD |
| Land Assessment | $251,608 CAD | Total Assessment | $2,130,654 CAD |
PROPERTY TAXES
Parcel Number
643-065-22
Land Assessment
$251,608 CAD
Improvements Assessment
$1,879,046 CAD
Total Assessment
$2,130,654 CAD
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