For Sale
$1,000,000

777 Energy Way Chula Vista, CA 91911

Turn-key wrecking yard, high ROI.

Overview

Added:
Dec 11, 2024
Days on market:
134
This established junk and salvage yard, located at 777 Energy Way, Chula Vista, CA 91911, presents a lucrative investment opportunity. The 92,000 square foot facility sits on a 92,000 square foot lot and includes two buildings, totaling 92,000 square feet, on a single story. Built 10 years ago, the property boasts a 100% occupancy rate since July 1, 2015, generating a Net Operating Income (NOI) of $135,000, representing a 13.50% cap rate. The asking price is $1,000,000, or $10.87 per square foot. The property is zoned for junk yard use and operates under a triple net (NNN) lease with a ground lease expiring July 31, 2025. The business includes approximately $5-6 million worth of inventory, six employees, and a comprehensive computer system for inventory management. The property's strategic location near major transportation routes and industrial areas ensures efficient operations. This turn-key operation offers immediate revenue generation and significant growth potential through expanded online sales and strategic partnerships. The sale includes all existing inventory, tools, and equipment. This is a rare opportunity to acquire a profitable, established business in the thriving auto parts and recycling industry.

Highlights

  • 777 Energy Way, Chula Vista, CA 91911
  • Established junk and salvage yard, 9 years in business.
  • 92,000 SF building on a 92,000 SF lot; $1,000,000 asking price ($10.87/SF).
  • NNN lease, expiring July 31, 2025, with annual renewal option; $6,240 monthly rent.
  • Includes approximately $4.5M in inventory, tools, equipment, and a complete parts inventory system.
  • Six employees, generating $5,500 weekly payroll (including owner).

Property Details for 777 Energy Way

Property type
Specialty properties, Self storage facilities
Square Feet
92,000 SF
Year Built
10
Buildings
2
Stories
1
Lot Size (sq. ft)
4,007,520,000 SF
Units
1

Location Insight

City
Chula Vista
County
San Diego
State
California
Latitude
32.5980875
Longitude
-117.0151344

FAQs

What type of property is this?
Specialty property - Turn-key wrecking yard, high ROI.
Where is the specialty property located?
The property is located at 777 Energy Way Chula Vista, CA.
What is the asking price?
The asking price for this property is $1,000,000.
What are key features of this property?
This property features: 777 Energy Way, Chula Vista, CA 91911; Established junk and salvage yard, 9 years in business.; 92,000 SF building on a 92,000 SF lot; $1,000,000 asking price ($10.87/SF).
How can I contact the broker?
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777 Energy Way
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