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5475-5515 Market Street 2 Industrial Properties Offered at $5,990,000 in San Diego, CA
Investment Highlights
- Triple net to Canteen, part of the Compass Group, a worldwide credit tenant.
- Possible owner user opportunity.
- Central location with secure yard.
Executive Summary
ACI is proud to exclusively present, this asset for sale. All needs are met in this industrial investment. This is a prime opportunity located at 5475- 5515 Market Street, San Diego, Ca 92114 in San Diego, CA. The property is occupied by Canteen Company, a division of Compass which is located in the U.K.. With an annual net operating income of $217,986, the property is a sustainable income-producing investment. The current tenant has been at this location since 2011. There is a possibility that the current tenant would vacate early to the benefit of a potential owner/user. This location is near the I-15/I-5 corridors and close to downtown San Diego. The building sits on a large 1.23-acre site, which offers future possible redevelopment upside
Property Facts
| Price | $5,990,000 | Number of Properties | 2 |
| Price / SF | $315.26 / SF | Individually For Sale | 0 |
| Cap Rate | 3.60% | Total Building Size | 19,000 SF |
| Sale Type | Investment NNN | Total Land Area | 1.25 AC |
| Status | Under Contract |
| Price | $5,990,000 |
| Price / SF | $315.26 / SF |
| Cap Rate | 3.60% |
| Sale Type | Investment NNN |
| Status | Under Contract |
| Number of Properties | 2 |
| Individually For Sale | 0 |
| Total Building Size | 19,000 SF |
| Total Land Area | 1.25 AC |
Properties
| Property Name / Address | Property Type | Size | Year Built | Individual Price |
|---|---|---|---|---|
| 5515 Market St, San Diego, CA 92114 | Industrial | 10,000 SF | 1961 | - |
| 5475 Market St, San Diego, CA 92114 | Industrial | 9,000 SF | 1961 | - |
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5475-5515 Market Street
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