7150 El Cajon Blvd | San Diego, CA 92115
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- LoopNet Team
7150 El Cajon Blvd
San Diego, CA 92115
Grifols Biomat USA Plasma Center · Office Property For Sale
INVESTMENT HIGHLIGHTS
- Corporate Lease - COVID-19 Critical & Secured by Grifols (NASDAQ-GRFS & BMAD-GRF)
- Current Lease Expiration March 31, 2023 (two more 5-year extensions left until 2033)
- Long-Term Commitment (significant investment & barrier to entry)
- $400,996± Net Operating Income (3% Annual Increase) & Rent $39,028/month - $468,330 Annual (Gross Lease)
- Original Lease started April 1, 2008 (two 5-year extensions have been exercised)
- $2,700,000± tenant invested in improvements
PROPERTY FACTS
Property Type
Office
Property Subtype
Medical
Building Size
22,689 SF
Building Class
C
Year Built/Renovated
1973/2008
Tenancy
Single
Building Height
2 Stories
Typical Floor Size
11,344 SF
Slab To Slab
9’
Building FAR
0.65
Lot Size
0.80 AC
Zoning
CUPD-CU-2-3
Parking
49 Spaces (2.15 Spaces per 1,000 SF Leased)
AMENITIES
- Bus Line
- Signage
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $3,680,269 | |
| Land Assessment | $2,922,565 | Total Assessment | $6,602,834 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$2,922,565
Improvements Assessment
$3,680,269
Total Assessment
$6,602,834
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