National City Retail/Office
801 National City Blvd National City, CA 91950
801 National City Blvd, National City, CA, 91950
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For Sale
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Retail and office space with dedicated parking in National City.
Property Size4,464 SF
Price / SF$415
Days on Market1824
Property Features for 801 National City Blvd
General Information
- Standard status
- Active
- Size
- 4,464 SF
- Property subtype
- Office, Retail
Building Details
- Year Built
- 1990
Listing Agency
CAST CAPITAL PARTNERS
(619) 308-6787
Listed by
Bret Morriss · License #CA 02037074
Source
Crexi
Added: Jul 20, 2021 Checked: Jul 17 at 6:16 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 CAST CAPITAL PARTNERS
Investment Insights
Based on property information with market context.
This property in National City features retail and office space with 27 dedicated parking stalls located behind the building. The property includes Suite 102-103, offering approximately 3,865 square feet, currently occupied by The Association For Community Independence. Additionally, Suite 104 provides approximately 599 square feet and is occupied by Alexa’s Insurance, Inc (doing business as Farmers Insurance). The property offers an excellent storefront location on National City Boulevard.
Key Highlights
- Prime National City location
- Ample parking with 27 dedicated stalls behind the building
- Excellent storefront retail/office space
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 | $160.7k | $36.00 |
| − Vacancy | −$23.0k | −$5.15 |
| EGI | $137.7k | $30.85 |
| − OpEx | −$34.4k | −$7.71 |
| NOI | $103.3k | $23.14 |
4,464 SF · lease $36.00/SF/yr · vacancy 14.30% · expense 25.00%
Alternative Uses
Best Use
Office B
$1.48M
$1.29M – $1.72M
NOI $103,292 @ 7.0% cap · market cap 5.58%
Second Best
Retail
$1.00M
$876.5K – $1.17M
NOI $70,121 @ 7.0% cap · market cap 3.79%
Theoretical Best
Office A
$2.05M
$1.79M – $2.39M
NOI $143,168 @ 7.0% cap · market cap 7.73%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Bayview Dental
Dental Office
La Costa Dental ...
Dental Office
Bayview Tower Condominiums
Condominium Complex
National City Signage ...
Marketing & Advertising
Dr. John Dimaccio
Dental Office
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FAQs
What type of property is this?
Retail space - Retail and office space with dedicated parking in National City.
Where is this retail space located?
The property is located at 801 National City Blvd National City, CA.
What is the asking price?
The asking price for this property is $1,852,560.
What are key features of this property?
This property features: Prime National City location; Ample parking with **27 dedicated stalls behind the building**; Excellent storefront retail/office space
