1060 Colorado Avenue
Marcus & Millichap is pleased to present for sale 1060 Colorado Avenue, in west Chula Vista, California. It is a 10,984 square foot multi-tenant industrial building located 0.3 miles from Interstate 5, approximately 10 minutes from both downtown San Diego and the U.S.-Mexico border, and is walking distance to both major big box retail and local shops and restaurants. Built in 1989, it is currently demised into three suites and 100% leased to tenants with substantially below market rents, creating a value opportunity for the investor.
The property itself is block construction, with a total of four on-grade loading bays and 14 foot clear height. Parking is phenomenal at a striking 3.03 spaces per 1,000 square feet. The submarket in which it is situated is enjoying a compressing vacancy rate, currently at 4% for like properties, with steadily rising rents as a result.
- 10,894 SF multi-tenant industrial building
- Property currently demised into three suites with two tenants; 100% occupied
- Seconds to Interstate 5, and approximately 10 minutes from both Downtown San Diego and the U.S. – Mexico border
- Very close proximity to big box retail (e.g., WalMart, Costco, Target) as well as local eateries and shops
- Four grade level loading bays, 14’ clear height, ample power and skylights
- Extremely rare parking ratio of 3.03 spaces per 1,000 SF
Price Per SF
- Item Requires Shipping
- Marcus & Millichap is pleased to present the sale of 1060 Colorado Avenue, in west Chula Vista, California.
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