46-48 Broadway, Chula Vista, CA

Retail for Sale - $1,499,000 - 5,316 Sq. Ft.


Agent Info

Mie Kim
Coldwell Banker Realty

Property Info

CIMLS#1173437
Location
  46-48 Broadway
  Chula Vista CA 91010
UpdatedApril 13th, 2025
TypeRetail
Price$1,499,000
Building5,316 Sq. Ft.

Property Description

Drive Through Retail with variety of retail use including Automotive, Restaurant, Dental Office, Dry Cleaners 4.4% Cap rate under the sales price and its new property tax rate with in-place low current rent Current tenant lease ending in 10/31/2027 at with options left at market rent price at the renewal period (Current market rent price is significantly higher than in-place rent) Current tenant showed possible interest in vacating early Open floorplan interior with extra high ceilings Great upside potential for owner user or investment once current tenant renews with new lease or vacates in 10/31/2027 C-3 Zoning per Chula Vista for Redevelopment plan Close Proximity to San Diego International Airport (11 Miles)


Financials



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