Property Features: â¢ Zoning SP-DV (Specific Plan â Downtown Vista) and MU (Mixed Use) â¢ 89 parking spaces for a 4.8 space per 1000sf parking ratio â¢ 700â+ of street frontage along Postal Way and Santa Fe Place â¢ Campus-like setting constructed circa 1990 â¢ Easy access to the freeway (Highway 78) â¢ Walking distance to mass transit (Sprinter / bus stations) and to shops and restaurants â¢ Approximately 36 suites including Â±20 small executive suites of 400sf or less â¢ Extensive plumbing throughout the property â¢ 17 restrooms in the two buildings â¢ Larger building has fire sprinkler system â¢ Many medium to large apartment complexes across the street to the south Financial Information: â¢ Current occupancy Â±51% (20 tenants in occupancy) â¢ Current gross rents all tenants Â±$14,840 ($1.66psf average for current occupied space) â¢ Current Gross Rent Multiplier Â±14.3, CAP on current occupancy Â±3.5% â¢ Average Annual Expenses over prior 3 years $89k per Owner/Sellerâs Schedule Eâs â¢ Owner/Seller self-manages including all l
Total Monthly Rent:
SqFt of Improvement:
.75 through 1.5 Acres
Lot Square Footage:
Assessors Parcel #:
Central Forced Air Elec
2 buildings, the larger has fire sprinklers,
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