Furnished Encinitas Office
131 Aberdeen Dr Encinitas, CA 92007
131 Aberdeen Dr, Encinitas, CA, 92007
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For Sale
Contact for pricing
Fully furnished office building in Encinitas, move-in ready.
Property Size12,906 SF
Price / SF$767.09
Days on Market657
Property Features for 131 Aberdeen Dr
General Information
- Standard status
- Active
- Size
- 12,906 SF
- Property subtype
- Office
Building Details
- Year Built
- 1967
Listing Agency
CBRE - San Diego
(858) 546-4622
Listed by
Matt Pourcho · License #CA 01705763
Source
Crexi
Added: Oct 3, 2024 Updated: Jul 6 at 8:06 am Checked: Jul 19 at 6:55 am
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 CBRE - San Diego
Investment Insights
Based on property information with market context.
This 12,906-square-foot office building is available for purchase and comes fully furnished, offering a "plug and play" setup. The furnishings include adjustable desks, chairs, cabling, a ping pong table, and lamps. Purchasing the building may be financially beneficial compared to leasing, due to depreciation write-off, principal paydown, and potential building appreciation. This can allow business owners to minimize expenses while having their business occupancy contribute to their investment portfolio or retirement.
Key Highlights
- Fully Furnished - "Plug N Play" ready, saving approximately $519,000 in move‑in expenses.
- Financially accretive compared to leasing due to depreciation write‑off, principal paydown, and building appreciation.
- Low occupancy cost.
Local Financial Insights For Office B
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 | $464.6k | $36.00 |
| − Vacancy | −$66.4k | −$5.15 |
| EGI | $398.2k | $30.85 |
| − OpEx | −$99.5k | −$7.71 |
| NOI | $298.6k | $23.14 |
12,906 SF · lease $36.00/SF/yr · vacancy 14.30% · expense 25.00%
Alternative Uses
Best Use
Office B
$4.27M
$3.73M – $4.98M
NOI $298,632 @ 7.0% cap · market cap 3.02%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$5.91M
$5.17M – $6.90M
NOI $413,917 @ 7.0% cap · market cap 4.18%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Isalis
(Bike/Boat/Book/etc) Store
Party City
Party Supply Store
Skunk Funk
Big Box & Wholesale Store
Carl's Trading Co
Hat Shop
Bushka's Kitchen LLC
(Bike/Boat/Book/etc) Store
Similar For Sale Nearby
FAQs
What type of property is this?
Office building - Fully furnished office building in Encinitas, move-in ready.
Where is this office building located?
The property is located at 131 Aberdeen Dr Encinitas, CA.
What is the asking price?
The asking price for this property is $9,900,000.
What are key features of this property?
This property features: Fully Furnished - "Plug N Play" ready, saving approximately $519,000 in move‑in expenses.; Financially accretive compared to leasing due to depreciation write‑off, principal paydown, and building appreciation.; Low occupancy cost.
