Avocado Professional Center | 230-292 Avocado Ave
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Avocado Professional Center 230-292 Avocado Ave
14,000 SF 100% Leased Office Building El Cajon, CA 92020 For Sale
Executive Summary
• OWNER/USER OPPORTUNITY WITH EXISTING INCOME or MULTI-FAMILY REDEVELOPEMENT
• RARE OPPORTUNITY TO ACQUIRE MEDICAL OFFICE FACILITY WITH 8 FREE-STANDING BUILDINGS TOTALING APPROXIMATELY 14,000 RSF
• 8-BUILDING MEDICAL CAMPUS SPREAD OVER LARGE 1.6 ACRE PARCEL WITH ABUNDANT SURFACE PARKING
• OPPORTUNTITY TO VALUE-ADD AND INCREASE CURRENT IN-PLACE RENTS UPON RENEWALS
• RESIDENTIAL OVERLAY ZONING ALLOWS FOR BY-RIGHT RESIDENTIAL REDEVELOPMENT
• RARE OPPORTUNITY TO ACQUIRE MEDICAL OFFICE FACILITY WITH 8 FREE-STANDING BUILDINGS TOTALING APPROXIMATELY 14,000 RSF
• 8-BUILDING MEDICAL CAMPUS SPREAD OVER LARGE 1.6 ACRE PARCEL WITH ABUNDANT SURFACE PARKING
• OPPORTUNTITY TO VALUE-ADD AND INCREASE CURRENT IN-PLACE RENTS UPON RENEWALS
• RESIDENTIAL OVERLAY ZONING ALLOWS FOR BY-RIGHT RESIDENTIAL REDEVELOPMENT
Property Facts
Sale Type
Investment or Owner User
Property Type
Office
Property Subtype
Medical
Building Size
14,000 SF
Building Class
C
Year Built
1970
Percent Leased
100%
Tenancy
Multiple
Number of Floors
1
Typical Floor Size
14,000 SF
Building FAR
0.20
Land Acres
1.60 AC
Opportunity Zone
Yes
Zoning
CR - Office, medical office
Parking
52 Spaces (3.71 Spaces per 1,000 SF Leased)
Amenities
- Courtyard
- Signage
- Reception
- Natural Light
- Partitioned Offices
- Monument Signage
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Walk Score ®
Very Walkable (88)
PROPERTY TAXES
Parcel Number | 488-231-23 | Improvements Assessment | £632,106 |
Land Assessment | £216,906 | Total Assessment | £849,012 |
PROPERTY TAXES
Parcel Number
488-231-23
Land Assessment
£216,906
Improvements Assessment
£632,106
Total Assessment
£849,012
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Avocado Professional Center | 230-292 Avocado Ave
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