Modern Industrial Flex
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For Sale
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2428 Fenton St, Chula Vista, CA 91914
Recently built space offers an industrial-zoned configuration in Chula Vista.
Property Size7,529 SF
Price / SF$332.05
Days on Market5
Property Features for 2428 Fenton St
General Information
Standard status
Active
Size
7,529 SF
Property subtype
INDUSTRIAL
Zoning
I-7
Site & Location
Neighborhood
Eastlake Business Center
Additional Details
Property Use
Industrial/Flex
Building Details
Year Built
2022
Listing Agency:
SVN Vanguard | San Diego
(619) 442-9200
Listed By:
Jorge Jimenez · License #01413353
(619) 742-9269
Source:
Moodyscre
Added: Oct 28
Changed: Oct 30
Last Checked: Oct 30 at 3:35PM
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 SVN Vanguard | San Diego
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Investment Insights
Based on property information with market context.
This 7,529-square-foot flex property was completed in 2022 and is zoned I-7 for industrial use. Its modern construction and adaptable layout support a range of industrial requirements.
The property is at 2428 Fenton St in Chula Vista, with close proximity to the Otay Port of Entry.
The property is at 2428 Fenton St in Chula Vista, with close proximity to the Otay Port of Entry.
Key Highlights
- 7,529 square feet of industrial/flex space
- Completed in 2022
- Zoned I‑7 for industrial use
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$105,408
Cap Rate
4.22%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,108,160
$2.1M
Cap Rate 7%
$1,505,829
$1.5M
Cap Rate 9%
$1,171,200
$1.2M
Market Conditions
NOI Build-Up for 7,529 SF
Gross rent
$174.4K $23.16/SF
− Vacancy
−$12.2K −$1.62/SF
EGI
$162.2K $21.54/SF
− OpEx
−$56.8K −$7.54/SF
NOI
$105.4K $14.00/SF
Area
Chula Vista, CA
Vacancy
7.00%
Lease Rate
$23.16 /SF/Yr
Expense Ratio
35.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,108,160
Cap Rate 7%
$1,505,829
Cap Rate 9%
$1,171,200
Alternative Uses
Best Use
Flex RnD
$1.51M
$1.32M – $1.76M
NOI $105,408 @ 7.0% cap · market cap 4.22%
Second Best
Industrial
$1.09M
$957.2K – $1.28M
NOI $76,575 @ 7.0% cap · market cap 3.06%
Theoretical Best
Office A
$2.40M
$2.10M – $2.80M
NOI $168,088 @ 7.0% cap · market cap 6.72%
Zoning and permitted uses should be independently verified with authorities.
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Open Analytics
Current Use
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
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Market
Vacancy Rate% for Industrial in West region
Frequently Asked Questions
What type of property is this?
Flex space - Recently built space offers an industrial-zoned configuration in Chula Vista.
Where is this flex space located?
The property is located at 2428 Fenton St Chula Vista, CA.
What is the asking price?
The asking price for this property is $2,500,000.
What are key features of this property?
This property features: 7,529 square feet of industrial/flex space; Completed in 2022; Zoned I‑7 for industrial use
