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FOR SALE 1940 Longhorn Drive Vista, San Diego, CA 92081 FREESTANDING DAYCARE/RETAIL +/-7476 SF BUILDING | NNN LEASE BJ Delhamer Vice President (760) 593-7653 [email protected] DRE# 01720232
FOR SALE1940 Longhorn Drive
Vista, San Diego, CA 92081
FREESTANDING DAYCARE/RETAIL+/-7476 SF BUILDING | NNN LEASE
BJ DelhamerVice President
(760) [email protected]
DRE# 01720232
BJ Delhamer(760) [email protected]# 01720232
FOR SALE
All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representationis made to the accuracy thereof and same is submitted to errors, omissions, change of price, rental or other conditions prior to sale,lease or financing or withdrawal without notice. No liability of any kind is to be imposed on the broker herein.
1940 Longhorn DriveSan Diego, California 92081
10755 Scripps Poway Pkwy, Suite 517 | San Diego, CA 92131 | grecre.com
PROPERTY DESCRIPTION
CURRENT LEASE DETAILS
Price: $2,650,000 (Includes land and building)Type: NNN Leased InvestmentBuilding Size: +/-7476Land Area: 0.54 AcresZoning: General Commercial (GC)Parking: ReciprocalSignage: Building signage and monument signage available
**DO NOT DISTURB TENANTS**
Lease Contract: Annual Rent Increase Schedule
Year 1 Year 2 Year 3 Year 4 Year 5
$179,947 $183,543 $187,217 $190,962 $194,781
Tenant SF % of RBA Current $/SF Monthly Rent Annual Rent Rent Expiration
Church Daycare 7,476 100% $2.01 $14,998 $179,974 4/30/23
BJ Delhamer(760) [email protected]# 01720232
Property Highlights
All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representationis made to the accuracy thereof and same is submitted to errors, omissions, change of price, rental or other conditions prior to sale,lease or financing or withdrawal without notice. No liability of any kind is to be imposed on the broker herein.
1940 Longhorn DriveSan Diego, California 92081
10755 Scripps Poway Pkwy, Suite 517 | San Diego, CA 92131 | grecre.com
PROPERTY HIGHLIGHTS
● Seasoned NNN Lease tenant 15+ years in current location● Yearly lease rate increases● New wood flooring installed October 2017● Full Kitchen, Conference Room, Full playground● Property has been meticulously maintained ● New exterior paint October 2017
BJ Delhamer with GRE Commercial Real Estate is pleased to offer the opportunity to acquire this 7,476sf freestanding building located at the well traveled intersection of Shadowridge Drive and Longhorn Drive in Vista, San Diego, California. The Property’s current occupant allows potential investors to capitalize on the existing lease momentum and achieve strong rental returns.
BJ Delhamer(760) [email protected]# 01720232
Aerial Views
All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representationis made to the accuracy thereof and same is submitted to errors, omissions, change of price, rental or other conditions prior to sale,lease or financing or withdrawal without notice. No liability of any kind is to be imposed on the broker herein.
1940 Longhorn DriveSan Diego, California 92081
10755 Scripps Poway Pkwy, Suite 517 | San Diego, CA 92131 | grecre.com
BJ Delhamer(760) [email protected]# 01720232
Aerial Views
All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representationis made to the accuracy thereof and same is submitted to errors, omissions, change of price, rental or other conditions prior to sale,lease or financing or withdrawal without notice. No liability of any kind is to be imposed on the broker herein.
1940 Longhorn DriveSan Diego, California 92081
10755 Scripps Poway Pkwy, Suite 517 | San Diego, CA 92131 | grecre.com
BJ Delhamer(760) [email protected]# 01720232
Site Plan
All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representationis made to the accuracy thereof and same is submitted to errors, omissions, change of price, rental or other conditions prior to sale,lease or financing or withdrawal without notice. No liability of any kind is to be imposed on the broker herein.
1940 Longhorn DriveSan Diego, California 92081
10755 Scripps Poway Pkwy, Suite 517 | San Diego, CA 92131 | grecre.com
1940 Longhorn DriveAPN: 217-593-01-000.54 AC (Land Area)
BJ Delhamer(760) [email protected]# 01720232
Floor Plan
All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representationis made to the accuracy thereof and same is submitted to errors, omissions, change of price, rental or other conditions prior to sale,lease or financing or withdrawal without notice. No liability of any kind is to be imposed on the broker herein.
1940 Longhorn DriveSan Diego, California 92081
10755 Scripps Poway Pkwy, Suite 517 | San Diego, CA 92131 | grecre.com
BJ Delhamer(760) [email protected]# 01720232
Site Plan
All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representationis made to the accuracy thereof and same is submitted to errors, omissions, change of price, rental or other conditions prior to sale,lease or financing or withdrawal without notice. No liability of any kind is to be imposed on the broker herein.
1940 Longhorn DriveSan Diego, California 92081
10755 Scripps Poway Pkwy, Suite 517 | San Diego, CA 92131 | grecre.com
BJ Delhamer(760) [email protected]# 01720232
Parcel Map
All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representationis made to the accuracy thereof and same is submitted to errors, omissions, change of price, rental or other conditions prior to sale,lease or financing or withdrawal without notice. No liability of any kind is to be imposed on the broker herein.
1940 Longhorn DriveSan Diego, California 92081
10755 Scripps Poway Pkwy, Suite 517 | San Diego, CA 92131 | grecre.com
BJ Delhamer(760) [email protected]# 01720232
Location Map
All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representationis made to the accuracy thereof and same is submitted to errors, omissions, change of price, rental or other conditions prior to sale,lease or financing or withdrawal without notice. No liability of any kind is to be imposed on the broker herein.
1940 Longhorn DriveSan Diego, California 92081
10755 Scripps Poway Pkwy, Suite 517 | San Diego, CA 92131 | grecre.com
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