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Investment Highlights
- Fully Leased with NNN Lease – Stable tenant with zero landlord responsibility for operating expenses, delivering true passive income.
- Excellent Location – Just 6 miles from the US-Mexico border and 10 miles from Downtown San Diego, offering strategic access for logistics.
- Demographic Advantage – Located in a trade area with 315,000+ population and over $3.3B in annual consumer spending within 5 miles.
- Strong Cap Rate at 4.66% – Attractive return for a fully stabilized, low-maintenance industrial asset in Southern California.
- Functional Industrial Design – 4,680 SF with 18’ clear height, grade-level roll-up door, 300 amp 3-phase power, private restroom, and gated parking.
- Gated Access & Reserved Parking – Added security and convenience for tenant operations.
Executive Summary
For Sale – Fully Leased Industrial Condo | $1,599,000 | 4.66% Cap | Chula Vista, CA Property Overview: Turnkey, fully leased industrial condo in the heart of Chula Vista’s high-demand commercial corridor. Suite 102 offers a 4,680 SF industrial/flex space within a multi-tenant building, leased on a NNN basis. This low-maintenance asset provides investors with stable cash flow and minimal landlord responsibilities. Address: 681 Anita St, Suite 102 Chula Vista, CA 91911 Asking Price: $1,599,000 Cap Rate: 4.66% Gross Scheduled Income: $92,352/Year Net Operating Income (NOI): $74,616/Year (NNN Lease) Property Highlights: Size: 4,680 SF Industrial Condo Clear Height: 18 FT Roll-Up Door: 1 Grade-Level Power: 300 Amps, 3-Phase Parking: Reserved Spaces, Gated Sprinklers: Wet System Year Built/Renovated: 1983 / 2005 Zoning: ILP – Industrial Limited Precise Plan Tenant: Fully leased with stable long-term occupancy Lease Type: NNN Monthly Base Rent: $6,218 NNN Reimbursement: $1,478/Month Strategic Location: Just 6 miles from the US-Mexico Border 10 miles from Downtown San Diego Easy access to I-5, SR-54, and I-805 14-minute walk to Palomar Street Trolley Station Surrounded by national and regional logistics, service, and light manufacturing companies Demographics & Demand Drivers: Population within 5 Miles: 315,961 Average Household Income (5 Mile): $93,337 Annual Consumer Spending (5 Mile): $3.3 Billion+ Located in a business-friendly, high-demand industrial zone Investor Opportunity: Perfect for 1031 Exchange buyers, portfolio investors, and anyone seeking a hands-off, cash-flowing industrial property in a supply-constrained submarket with excellent logistics and future appreciation potential. Contact us today for the full OM, rent roll, and to schedule a private showing.
Property Facts
Amenities
- 24 Hour Access
- Front Loading
- Signage
- Air Conditioning
Utilities
- Lighting
- Water
- Sewer
- Heating
1 Unit Available
Unit 102
| Unit Size | 4,680 SF | Condo Use | Industrial |
| Price | $1,450,000 | Sale Type | Investment |
| Price Per SF | $309.83 |
| Unit Size | 4,680 SF |
| Price | $1,450,000 |
| Price Per SF | $309.83 |
| Condo Use | Industrial |
| Sale Type | Investment |
Description
Suite 102
± 4,680 SF Industrial Condo
± 320 SF Office
One Grade-Level Roll Up Door
18 Ft Clear Height
6 Dedicated Parking Spaces
Private Restroom
Presented by
681 Anita St
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