777 Energy WayChula Vista, CA 91911

Property Details for 777 Energy Way

Lot size

1.95 AC

Zone code

INDUSTRIAL (M ZONE)

Property type

Warehouses

APN

644-181-23-00

APU

6441812300

Description

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.

Location Insight

City

Chula Vista

County

San Diego

State

California

Latitude

32.5982

Longitude

-117.015

CBSA code

41740

CBSA name

SAN DIEGO-CARLSBAD-SAN MARCOS, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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