Property Listing No Longer Available for Sale

952-958 Postal Way, Vista, CA

Office for Sale - $2,750,000 - 18,603 Sq. Ft. on 1.36 acres


Property Info

CIMLS#899154
Location
  952-958 Postal Way
  Vista CA 92083
UpdatedOctober 29th, 2016
TypeOffice
Price$2,750,000
Building18,603 Sq. Ft.
Land1.36 acres

Property Description

Two buildings with campus like setting totaling 18,603 SF (13,444 and 5,159) on 1.36 acre lot with 89 parking spaces. Ideal for owner user who needs vacant office or retail space up to 14,000 sq. ft. Well located with easy access to freeways and public transportation. As part of Downtown Vista Specific Plan area, zoning allows a broad range of uses including office, retail, medical, restaurant, school, church and apartments.

Location Description:

Easy access to Freeways 5 & 15 and Highway 78. Walking distance to Sprinter and bus stations. Located in Downtown Vista one block from S Santa Fe Avenue.

Highlights:

>> *Listed Price $2,750,000

>> *Part of Downtown Vista Specific Plan area.

>> *Value added property in need of professional marketing, leasing and management.

>> *Zoning allows conversion of buildings to apartments or senior living.

>> *Actual cap rate with 43% vacancy is 5%.

>> *Pro Forma cap rate is estimated at 7%.

* Email for additional photos


Financials

Sales Info:

>> Commision split: 2.5%


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