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Santa Fe Plaza 1318 N Santa Fe Ave 3,311 SF 100% Leased Retail Building Vista, CA 92083 $975,000 ($294.47/SF)
Investment Highlights
- Four-tenant retail/office property with 100% occupancy and diversified tenant base.
- Current NOI of $37,292 on a $975,000 price.
- Adjacent ±0.15 AC lot provides supplemental income and redevelopment potential.
- Below-market rents with 68% of GLA on month-to-month, offering mark-to-market upside.
- ±3,311 SF building on ±0.54 acres with 9 dedicated parking spaces.
- M-U zoning allows for retail, office, and potential multifamily redevelopment.
Executive Summary
David Harrington
Matthews Real Estate Investment Services, Inc
License # 02168060, 01320460 (CA)
2321 Rosecrans Ave., Suite 1225, El Segundo, CA 90245
(866) 889-0550
Matthews Real Estate Investment Services, Inc
License # 02168060, 01320460 (CA)
2321 Rosecrans Ave., Suite 1225, El Segundo, CA 90245
(866) 889-0550
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
3,311 SF
Building Class
C
Year Built
1928
Price
$975,000
Price Per SF
$294.47
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.14
Lot Size
0.54 AC
Zoning
M-U - Mixed Use
Parking
26 Spaces (7.85 Spaces per 1,000 SF Leased)
Frontage
51’ on N Santa Fe Ave
Amenities
- Pylon Sign
- Signage
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease End
- Chicano Corner & More
- Retailer
- -
- -
- -
- El Charro Babershop
- Services
- -
- -
- -
- Gold Touch Jewelers
- Retailer
- -
- -
- -
- Sierra Express Int
- Finance and Insurance
- -
- -
- -
- Sigue
- Finance and Insurance
- -
- -
- -
| Tenant | Industry | SF Occupied | Rent/SF | Lease End | ||
| Chicano Corner & More | Retailer | - | - | - | ||
| El Charro Babershop | Services | - | - | - | ||
| Gold Touch Jewelers | Retailer | - | - | - | ||
| Sierra Express Int | Finance and Insurance | - | - | - | ||
| Sigue | Finance and Insurance | - | - | - |
Fairly walkable
50/100
Exceptionally drivable
100/100
Limited public transit
30/100
Fairly bikeable
40/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 161-251-33 | Improvements Assessment | $166,548 |
| Land Assessment | $362,075 | Total Assessment | $528,623 |
Property Taxes
Parcel Number
161-251-33
Land Assessment
$362,075
Improvements Assessment
$166,548
Total Assessment
$528,623
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Santa Fe Plaza | 1318 N Santa Fe Ave
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