Rancho Del Rey I - Chula Vista, CA Medical Office Commercial Real Estate
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Southwest Northwest Fenton St Otay Ranch San Miguel Ranch Terra Nova East Lake I Otay Ranch Village 1 Eastlake Land Swap 91911
2 results
Address
Price
Size
BONITA VIEW PLAZA
690 Otay Lakes Rd
Rancho Del Rey I, Chula Vista, CA
Competitive tenant improvement allowances available
Lease:
$2,045 -
$14,787/month
$2,045 -
$14,787/month
818 SF -
5,915 SF
5,915 SF
Bonita Lakes Plaza
690 Otay Lakes Rd
Rancho Del Rey I, Chula Vista, CA
Lot Size:2.45Acres
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.
Sale:
$5,700,000
$5,700,000
2.45Acres
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Market Stats
Rancho Del Rey I has 32 commercial real estate spaces for lease, representing 158,294 sqft space. 3 buildings are available for sale.
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