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 | |
Updated | April 13th, 2025 |
Type | Retail |
Price | $1,499,000 |
Building | 5,316 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)