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963 Lane Ave
Chula Vista, CA 91914

$6,312,222 USD

Medical For Sale  •  10,500 SF

Property Details

  • Property Type Medical
  • Total Building Size 9,500 SF
  • Lot Size 1.98 AC
  • Building Class A
  • Year Built 2008
  • Tenancy Single
  • Zoning CPC
21 Transit Score
76 Walk Score

Highlights

HIGH-CALIBER OPERATOR: The property is leased to Sanderling Renal Services – a renal services operator with 19 locations.
STRONG SUBMARKET POSITIONING: Sanderling is located just off CA-125 on Otay Lakes Road in the heart of a major cluster of office & retail development.
CLASS “A” REAL ESTATE: This property, constructed in 2008, features appealing finishes and boasts significant curb appeal.
SIGNIFICANT TENANT INVESTMENT: Tenant has invested over $1MM in tenant improvements beyond landlord’s allowance thus demonstrating their commitment.
HEDGE AGAINST INFLATION: The tenant’s lease features annual rental bumps with an average escalator of 3%.
CREDIT-ENHANCED LEASE: Investors will benefit from a credit-enhanced lease which includes a corporate and personal guarantee.

Public Transportation

AirportDriveWalkDistance
San Diego International 30 min - 21.1 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 50
Type: Surface
Included in Rent: Yes
Tyler Swade 630-854-9717 Matthews Real Estate Investment Services
Tyler Swade 630-854-9717 Matthews Real Estate Investment Services