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702 Civic Center Dr 2,350 SF Office Building Vista, CA 92084 $995,000 ($423.40/SF) 3.41% Cap Rate
Investment Highlights
- 100% Occupied
- Prime Location with High Traffic Count + Large Lot Size
- Development Opportunity + Bonus Density
Executive Summary
Free Standing Office/Retail building situated on 19,603 lot size. The property was fully renovated in 2026 and 100% occupied with a lease in place until November 2027. The property is zoned GC/MU-30 allowing for mixed-use development with up to 3 stories (45 ft) height.
Financial Summary (Actual - 2026) |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$42,000
|
$17.87
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$42,000
|
$17.87
|
| Taxes |
$5,400
|
$2.30
|
| Operating Expenses |
$2,650
|
$1.13
|
| Total Expenses |
$8,050
|
$3.43
|
| Net Operating Income |
$33,950
|
$14.45
|
Financial Summary (Actual - 2026)
| Gross Rental Income | |
|---|---|
| Annual | $42,000 |
| Annual Per SF | $17.87 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $42,000 |
| Annual Per SF | $17.87 |
| Taxes | |
|---|---|
| Annual | $5,400 |
| Annual Per SF | $2.30 |
| Operating Expenses | |
|---|---|
| Annual | $2,650 |
| Annual Per SF | $1.13 |
| Total Expenses | |
|---|---|
| Annual | $8,050 |
| Annual Per SF | $3.43 |
| Net Operating Income | |
|---|---|
| Annual | $33,950 |
| Annual Per SF | $14.45 |
Property Facts
Sale Type
Investment
Sale Conditions
Property Type
Building Size
2,350 SF
Building Class
C
Year Built/Renovated
1954/2026
Price
$995,000
Price Per SF
$423.40
Cap Rate
3.41%
NOI
$33,950
Tenancy
Single
Building Height
1 Story
Typical Floor Size
2,350 SF
Slab To Slab
8’
Building FAR
0.12
Lot Size
0.45 AC
Zoning
CR - General Commercial / MU-30
Parking
18 Spaces (7.65 Spaces per 1,000 SF Leased)
Amenities
- Signage
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease Type
- Lease End
- The Canine Club
- Retailer
- 2,350 SF
- -
- Modified Gross
- Nov 2027
| Tenant | Industry | SF Occupied | Rent/SF | Lease Type | Lease End | |
| The Canine Club | Retailer | 2,350 SF | - | Modified Gross | Nov 2027 |
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Fairly walkable
50/100
Exceptionally drivable
90/100
Limited public transit
30/100
Fairly bikeable
40/100
Property Taxes
| Parcel Number | 179-060-26 | Total Assessment | $619,225 |
| Land Assessment | $500,000 | Annual Taxes | $5,400 ($2.30/SF) |
| Improvements Assessment | $119,225 | Tax Year | 2026 |
Property Taxes
Parcel Number
179-060-26
Land Assessment
$500,000
Improvements Assessment
$119,225
Total Assessment
$619,225
Annual Taxes
$5,400 ($2.30/SF)
Tax Year
2026
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Contact the Sale Advisor
702 Civic Center Dr