122 Civic Center Dr, Vista, CA 92084
Second floor office condo in Rancho Buena Vista for sale.
- Added:
- Aug 19, 2023
- Days on Market:
- 1048
- Last Refresh:
- May 12 at 8:53 pm
Property Features for 122 Civic Center Dr
General Information
- Standard status
- Active
- Size
- 3,000 SF
- Property subtype
- Office
Listing office Lee & Associates - San Diego (858) 713-9333
Listing date Aug 19, 2023
Source Crexi
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 Lee & Associates - San Diego
HighLights
- High traffic location on Civic Center Drive (31,400 cars per day)
- Divisible to two suites (2,000 SF & 1,000 SF)
- Current tenants in place providing income stream
- Adjacent to Wildwood Park and Vista Conservancy Nature Trail
- Overlooking Rancho Buena Vista Adobe & Gardens
- Across the street from the New $50M Vista City Hall
Overview
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 | $108.0k | $36.00 |
| − Vacancy | −$15.4k | −$5.15 |
| EGI | $92.6k | $30.85 |
| − OpEx | −$23.1k | −$7.71 |
| NOI | $69.4k | $23.14 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Vista
- County
- San Diego
- State
- California
- Longitude
- -117.2358624
- Latitude
- 33.2050858
