22 35Th StNational City, CA 91950

Property Details for 22 35Th St

Year built

1974

Lot size

0.96 AC

Property size (Sq ft)

20,480 SF

Zone code

COMMERCIAL

Property type

Retail properties

Property subtype

Retail space

APN

562-310-72-00

APU

5623107200

Description

This exceptional two-story medical office building, totaling 19,717 square feet, presents a unique investment opportunity in National City, California. Strategically located midway between Chula Vista and National City, this property enjoys convenient access to the I-5 and 54 freeways, ensuring high visibility and easy accessibility for patients and staff. The building features elevator service for convenient access to all suites, ranging in size from approximately 825 square feet to 2,467 square feet, making it suitable for a variety of medical practices. Ample parking is provided at a generous rate of 3.55 spaces per 1,000 square feet, supplemented by convenient street parking. An added benefit is the inclusion of an electric vehicle charging station, catering to the growing demand for sustainable transportation options. Currently occupied by a diverse range of medical tenants, including My Chula Vista Doctors, Chula Vista Pharmacy, Haghani Chiropractic, a Phlebotomy Training Specialist, JND Diagnostics, and a Behavioral Health Agency, this building demonstrates strong occupancy and a stable tenant base. The landlord is willing to participate in tenant improvements, making this a highly attractive proposition for potential buyers or investors seeking a well-established medical office property in a thriving location. The address is 22 W 35th St, National City, CA 91950.

• CAP approach

  CAP return

  Valuation

  6%

  $6,310,619

  6.5%

  $5,825,187

  7%

  $5,409,102

• Comparable approach

  Method

  Valuation

  Relative Method

  $8,352,692

  Geo Method

  $18,165,030

• Alternative Use

  Use

  Valuation

  Residential

  $4,913,763

  Hospitality

  $4,500,980

  Educational

  $3,744,763

  Medical

  $3,873,551

  Retail

  $5,825,187

Location Insight

City

National City

County

San Diego

State

California

Latitude

32.6498

Longitude

-117.097

CBSA code

41740

CBSA name

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

Property Tax & Assessments

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