Bonita Lakes Plaza - 690 Otay Lakes Rd, Chula Vista, CA 91910

690 Otay Lakes Road is a Class B Office/Medical building that was built in 1979 and totals 28,565 square feet, and is currently 39% occupied. The building is part of the South County office market, which totals approximately 2.6 million square feet and has a vacancy rate of 22.3% as of Q1 2013.

The building is located in the heart of one of South County’s southernmost residential communities, and is located on one of the main thoroughfares in the community, Otay Lakes Road, which has a traffic count of approximately 35,000 cars per day. 690 Otay Lakes Road is an ideal owner/user investment opportunity that is well located and
has great proximity to residential and retail amenities.

An investor or owner/user will reap the benefits from the in place rental income and the building improvements that were completed in 2012; new elevator, new HVAC system, new wiring, new roof, new parking lot, new drip irrigation system and ADA compliant automatic front doors.