Warehouse with Grade-Level
For Sale
$3,249,000
2434 Fenton Street 100, Chula Vista, CA 91914
A shell-condition facility with light industrial zoning allows the interior to be tailored to operational requirements.
Property Size10,151 SF
Price / SF$320.07
Days on Market180
Property Features for 2434 Fenton Street 100
General Information
Standard status
Active
Size
10,151 SF
Property subtype
Industrial
Zoning
Light Industrial
Site & Location
Neighborhood
Eastlake Business Center
Warehouse & Industrial
Clear Height
22 ft
Warehouse Space
10,151 SF
Drive-In Doors
2
Additional Details
Property Use
Warehouse
Building Details
Building Size
10,151 SF
Year Built
2023
Listing Agency:
BHGRE Clarity
(619) 778-3514
Listed By:
Elias Levy · License #01421986
(619) 535-8511
Source:
Flowers-realty
Added: May 4
Changed: Oct 29
Last Checked: Oct 30 at 5:48AM
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
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
Completed in 2023, this 10,151-square-foot warehouse is offered in shell condition. The building measures approximately 127 feet by 80 feet and has 22-foot clear height, with two grade-level roll-up doors and no dock. A two-story office or mezzanine could be incorporated as part of a future buildout.
The property is approximately 10 minutes from the Otay Mesa Port of Entry, with access to major transportation routes and cross-border logistics connections.
The property is approximately 10 minutes from the Otay Mesa Port of Entry, with access to major transportation routes and cross-border logistics connections.
Key Highlights
- 10,151‑square‑foot warehouse built in 2023
- Approximate building dimensions of 127 feet by 80 feet
- 22‑foot clear height
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$125,366
Cap Rate
3.86%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,507,320
$2.5M
Cap Rate 7%
$1,790,943
$1.8M
Cap Rate 9%
$1,392,956
$1.4M
Market Conditions
NOI Build-Up for 10,151 SF
Gross rent
$157.1K $15.48/SF
− Vacancy
−$9.6K −$0.95/SF
EGI
$147.5K $14.53/SF
− OpEx
−$22.1K −$2.18/SF
NOI
$125.4K $12.35/SF
Area
Chula Vista, CA
Vacancy
6.14%
Lease Rate
$15.48 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,507,320
Cap Rate 7%
$1,790,943
Cap Rate 9%
$1,392,956
Alternative Uses
Best Use
Warehouse
$1.79M
$1.57M – $2.09M
NOI $125,366 @ 7.0% cap · market cap 3.86%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$3.24M
$2.83M – $3.78M
NOI $226,626 @ 7.0% cap · market cap 6.98%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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
Vacancy Rate% for Industrial in West region
Similar Off Market Nearby
- SmartStop Self Storage — 2380 Fenton St, Chula Vista, CA 91914
- Public Storage — 2391 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 - A shell-condition facility with light industrial zoning allows the interior to be tailored to operational requirements.
Where is this warehouse located?
The property is located at 2434 Fenton Street 100 Chula Vista, CA.
What is the asking price?
The asking price for this property is $3,249,000.
What are key features of this property?
This property features: 10,151‑square‑foot warehouse built in 2023; Approximate building dimensions of 127 feet by 80 feet; 22‑foot clear height
