Light Industrial Warehouse with Roll-Up
For Sale
$3,350,000
2434 Fenton Street Unit 100, Chula Vista, CA 91914
Well-constructed shell warehouse with two grade-level roll-up doors and 22-foot clear height for flexible industrial and flex use.
Property Size10,151 SF
Price / SF$330.02
Days on Market48
Property Features for 2434 Fenton Street Unit 100
General Information
Standard status
Active
Size
10,151 SF
Property subtype
Commercial
Zoning
light industrial
Warehouse & Industrial
Clear Height
22 ft
Drive-In Doors
2
Building Details
Year Built
2023
Listing Agency:
BHGRE Clarity
(951) 226-5454
Listed By:
Elias Levy ([email protected])
Source:
Mrmurrieta
Added: Jun 16
Changed: Jul 10
Last Checked: Aug 1 at 7:30AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of BHGRE Clarity
Investment Insights
Based on property information with market context.
This well-constructed warehouse is delivered in shell condition, giving an incoming owner the ability to customize the interior for industrial or flex use. The building is approximately 127’ by 80’ and includes two grade-level roll-up doors (no dock). Clear height is approximately 22 feet, supporting a wide range of warehousing and operational storage needs.
The property is zoned light industrial and is positioned for cross-border logistics, located approximately 10 minutes from the Otay Mesa Port of Entry. It offers convenient access to major transportation routes for users who need efficient regional and cross-border connectivity.
Designed to work for both owner-users and investors, the shell delivery allows flexibility in planning tenant improvements without taking on a fixed layout. The site also presents the potential for adding a two-story office or mezzanine buildout to increase usable space, subject to applicable approvals and design requirements. With the combination of grade-level access, practical clear height, and light industrial zoning, this is a strong fit for operators seeking a warehouse they can tailor to their workflow.
The property is zoned light industrial and is positioned for cross-border logistics, located approximately 10 minutes from the Otay Mesa Port of Entry. It offers convenient access to major transportation routes for users who need efficient regional and cross-border connectivity.
Designed to work for both owner-users and investors, the shell delivery allows flexibility in planning tenant improvements without taking on a fixed layout. The site also presents the potential for adding a two-story office or mezzanine buildout to increase usable space, subject to applicable approvals and design requirements. With the combination of grade-level access, practical clear height, and light industrial zoning, this is a strong fit for operators seeking a warehouse they can tailor to their workflow.
Key Highlights
- 2023‑built ±10,151 SF shell warehouse in Eastlake industrial submarket
- Approx. 127' x 80' dimensions with 22‑foot clear height
- Two grade‑level roll‑up doors (no dock)
Financial Insights For Flex RnD
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $235.1k | $23.16 |
| − Vacancy | −$16.5k | −$1.62 |
| EGI | $218.6k | $21.54 |
| − OpEx | −$76.5k | −$7.54 |
| NOI | $142.1k | $14.00 |
10,151 SF · lease $23.16/SF/yr · vacancy 7.00% · expense 35.00%
Alternative Uses
Best Use
Flex RnD
$2.03M
$1.78M – $2.37M
NOI $142,116 @ 7.0% cap · market cap 4.24%
Second Best
Warehouse
$1.79M
$1.57M – $2.09M
NOI $125,366 @ 7.0% cap · market cap 3.74%
Theoretical Best
Office A
$3.24M
$2.83M – $3.78M
NOI $226,626 @ 7.0% cap · market cap 6.76%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
22 ft
Clear height
2
Drive-in doors
Location Intelligence
Trade Area within ½ mile
2,031
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 91914, CA
17,522
Population
4,948
Households
3.5
Avg Household Size
39
Median Age
48%
College-Educated
94%
High-School Grad
6.6 sq mi
ZIP Area
2,655
Density / Sq Mi
$164,398
Median Household Income
$71,944
Median Earnings
$3,076
Median Rent
$960,000
Median Home Value
Market
Properties on Market for Warehouses in San Diego County
Vacancy Rate% for Industrial in West region
Questions? Ask Rey
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Similar Off Market Nearby
- Public Storage — 2391 Fenton St, Chula Vista, CA 91914
- SmartStop Self Storage — 2380 Fenton St, Chula Vista, CA 91914
- Simply Contents — Chula Vista, CA 91914
- Priority Moving and Storage — 2311 Boswell Rd #1, Chula Vista, CA 91914
Frequently Asked Questions
What type of property is this?
Warehouse - Well-constructed shell warehouse with two grade-level roll-up doors and 22-foot clear height for flexible industrial and flex use.
Where is this warehouse located?
The property is located at 2434 Fenton Street Unit 100 Chula Vista, CA.
What is the asking price?
The asking price for this property is $3,350,000.
What are key features of this property?
This property features: 2023‑built ±10,151 SF shell warehouse in Eastlake industrial submarket; Approx. 127' x 80' dimensions with 22‑foot clear height; Two grade‑level roll‑up doors (no dock)
