Diversified Chula Vista Flex-Industrial Property Listed for $6,950,000 by CAA
SAN DIEGO, CA (October 14, 2020) — A flex-industrial project with 10 tenant units in Eastlake, Chula Vista was listed for $6,950,000 by Commercial Asset Advisors.
The 29,762-square-foot industrial project is at 861 Harold Place, Build 2, Chula Vista 91914. The property is 100% occupied and all tenants are on NNN (Triple Net) leases. The project provides tenant diversity and operating expense protection.
The property boasts attractive flexible zoning by right, plus a ‘Master’ Conditional Use Permit (CUP) to allow for fitness and other uses, as well as a second CUP for religious services – making this one of the most flexible projects in the entire submarket.
The property is located in the thriving master planned community of Eastlake, one of San Diego’s most affluent, growing communities. The property’s location offers a significant labor pool within a 15-minute commute, an established and efficient freeway network, numerous amenities (restaurants, shopping centers, malls, and more), and many desirable housing opportunities.
About Commercial Asset Advisors
Commercial Asset Advisors is a San Diego-based commercial real estate brokerage that specializes in serving the unique needs of individual private clients, as well as family offices, corporate, institutional, nonprofit and national organizations. As a full-service CRE firm, our team has assisted property owners from Central San Diego, North County, East County, South County and beyond to maximize the value of their investments including office, retail, industrial, apartment and multi—family, mixed-use projects, ground-up development tenant representation and much more. With experience earned through exceptional hard work, CAA has successfully completed over 1,400 sale and lease transactions totaling over $500 million in consideration. CAA provides unmatched customer service and strategic advice in all areas, asset types, and transaction structures.