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Montbleau & Associates 555 Raven St 36,643 SF 100% Leased Industrial Building San Diego, CA 92102 $11,264,576 ($307.41/SF) 6.25% Cap Rate
Investment Highlights
- INDUSTRY-LEADING TENANT WITH STRONG HISTORY & REPUTATION
- NEW LONG-TERM LEASE WITH 11.5+ YEARS REMAINING | ABSOLUTE NNN LEASE WITH AGGRESSIVE RENTAL GROWTH
- CLOSE PROXIMITY TO DOWNTOWN SAN DIEGO & MAJOR POPULATION DRIVERS
- MISSION-CRITICAL HQ LOCATION WITH STRONG HISTORICAL OCCUPANCY & COMPLEX BUILD-OUT
- STRATEGIC INDUSTRIAL POSITIONING IN DENSE SUBMARKET
- EXCEPTIONAL DEMOGRAPHICS | CALIFORNIA INVESTMENT OPPORTUNITY
Executive Summary
Northmarq, on behalf of Ownership as its exclusive advisor, is pleased to offer the opportunity to acquire the 100% fee simple interest in the Montbleau & Associates Headquarters facility located at 555 Raven Street in San Diego, California (the “Property”). Positioned just over three miles from downtown San Diego at the southeast corner of Market Street and Raven Street, the Property represents rarely available urban infill real estate in one of the most desirable markets in the country.
Property Facts
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Fairly walkable
50/100
Exceptionally drivable
100/100
Some public transit
50/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | 546-080-16 | Improvements Assessment | $5,520,362 |
| Land Assessment | $3,917,106 | Total Assessment | $9,437,468 |
Property Taxes
Parcel Number
546-080-16
Land Assessment
$3,917,106
Improvements Assessment
$5,520,362
Total Assessment
$9,437,468
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