Sign Up Successful!
You now have access to more from Realmo!
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    740 Otay Lakes Rd Chula Vista, CA 91910

    Loading data...
    Loading data...
    Loading data...
    For Lease
    Contact for pricing

    9,600 SF retail space for rent in Chula Vista.

    Property size:
    9,600 SF
    Lot size:
    1.71 Acres

    Property Features for 740 Otay Lakes Rd

    General Information

    Size
    9,600 SF
    Lot size
    1.71 Acres

    We can help!

    Listing Contact
    Brad Williams
    Brad Williams
    Source: Moodyscre

    Listing Agent: Brad Williams

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Overview

    Retail Space Available For Rent

    This property offers 9,600 square feet of retail space and is located on Otay Lakes Rd in Chula Vista, CA.
    Location Intelligence

    Current Use by Public Records

    Rite Aid Pharmacy Pharmacy Pedro M. Sousa, ... Pharmacy Rite Aid Drug Store higi Health Consultant Mohammad Elhomsy, PharmD Pharmacy

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Chula Vista
    County
    San Diego
    State
    California
    Longitude
    -117.001769
    Latitude
    32.645905

    Nearby Similar for Lease

    • $3,500 /Mo

      Eastlake Professional Office Suite

      Move-in ready office space in Venture Commerce Center.
      2518 Catamaran Way, Chula Vista, CA 91914
      View Details
    • $15 SF/Yr
      78,350 SF

      Chula Vista Industrial Distribution

      78,350 SF Warehouse, Excellent Location
      2360 Boswell Rd, Chula Vista, CA 91914
      View Details
    • Contact for pricing
      237 SF

      Chula Vista Retail Opportunity

      Open-air regional center with strong tenant mix.
      561 Broadway, Chula Vista, CA 91910
      View Details
    • Contact for pricing
      104,000 SF

      Windingwalk Marketplace Retail Space

      Prime Otay Ranch retail center; spaces available.
      2110-2160 Eastlake Pkwy, Chula Vista, CA 91915
      View Details
    • Contact for pricing
      1,400 SF

      Regional Center Retail Opportunity

      Open-air regional center with redevelopment plans and strong tenant mix.
      555 Broadway, Chula Vista, CA 91910
      View Details
    • Contact for pricing
      328,465 SF

      Chula Vista Industrial Space Available

      Prime San Diego County Distribution Center
      1669-1690 Brandywine Ave, Chula Vista, CA 91911
      View Details
    • Contact for pricing
      1,183 SF

      Retail/Restaurant Space in Mixed-Use Project

      Retail/restaurant space available within a 512,000 SF mixed-use project.
      1774 Metro Ave, Chula Vista, CA
      View Details
    • $1.75 SF/Yr
      35,499 SF

      Oxford Medical Office Center

      Chula Vista medical office space available
      330-336 Oxford St, Chula Vista, CA 91911
      View Details
    • Contact for pricing
      683,000 SF

      EastLake Village Center Retail Space

      Prime Chula Vista Shopping Center Opportunity
      2305 Otay Lakes Rd, Chula Vista, CA 91915
      View Details
    • Contact for pricing
      37,500 SF

      Medical/Office Campus for Lease

      318,000 SF medical/office campus on 7.06 acres available.
      Millenia Ave & Bob Pletcher Way, Chula Vista, CA
      View Details
    • Contact for pricing
      965 SF

      Medical Office Space Available

      Medical office space for lease in Chula Vista, CA.
      754 Medical Center Ct, Chula Vista, CA 91911
      View Details
    • $21 SF/Yr
      4,460 SF

      Chula Vista Retail Space For Lease

      Automotive Retail, 4,460 SF Available
      1655 Broadway, Chula Vista, CA 91911
      View Details

    FAQs

    What type of property is this?
    Retail space - 9,600 SF retail space for rent in Chula Vista.
    Where is this retail space located?
    The property is located at 740 Otay Lakes Rd Chula Vista, CA.
    What are key features of this property?
    This property features: - 9,600 SF retail space available; - For rent; - Chula Vista location
    (619) 280-2600
    Request Owner's contact information
    740 Otay Lakes Rd Chula Vista, CA 91910
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    740 Otay Lakes Rd
    Chula Vista, CA 91910
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    740 Otay Lakes Rd Chula Vista, CA 91910
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Brad Williams
    Brad Williams
    (619) 280-2600
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.