850 District Pl Chula Vista, CA 91914
Chula Vista, CA: Prime Amazon Net Lease
Overview
- Added:
- Dec 11, 2024
- Days on market:
- 138
Highlights
- Amazon-leased, 199,069 SF industrial property in Chula Vista, CA, with a corporate guarantee.
- 100% occupancy, generating $420,853 NOI and a 5.00% cap rate; asking price: $8,417,000 ($42/SF land value).
- 4.55-acre lot (Planned Community Zone), serving as a mission-critical parking lot for a nearby Amazon distribution center.
- Lease expires April 1, 2026 (1.4 years remaining) with four options; 161 parking spaces; SR-125 freeway access; significant redevelopment potential.
- Ideal 1031 exchange opportunity; located in the rapidly growing Eastlake submarket, near the Otay Mesa Port of Entry and a large retail center.
Property Details for 850 District Pl
- Property type
- Industrial properties, Distribution centers
- Square Feet
- 199,069 SF
- Lot Size (sq. ft)
- 198,198 SF
Location Insight
- City
- Chula Vista
- County
- San Diego
- State
- California
- Latitude
- 32.6534876
- Longitude
- -116.9553582
Nearby Similar for Sale
FAQs
- What type of property is this?
- Industrial property - Chula Vista, CA: Prime Amazon Net Lease
- Where is the industrial property located?
- The property is located at 850 District Pl Chula Vista, CA.
- What is the asking price?
- The asking price for this property is $8,417,000.
- What are key features of this property?
- This property features: Amazon-leased, 199,069 SF industrial property in Chula Vista, CA, with a corporate guarantee.; 100% occupancy, generating $420,853 NOI and a 5.00% cap rate; asking price: $8,417,000 ($42/SF land value).; 4.55-acre lot (Planned Community Zone), serving as a mission-critical parking lot for a nearby Amazon distribution center.
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