Technical
Financial
Distress signals
Property profile

245 Vis Vlg Dr Vista, CA 92083

OFF-MARKET
Data centers and call centers
Property ID
US09-9668003
5,000 SF 0.84 ac lot Built 2005
Trust Owned 10-yr Hold Absentee Owner Free & Clear
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Property summary

AI-generated overview

This exceptional investment opportunity presents a ±15,000 square foot building situated on a 0.84-acre lot in Vista, California. The property is currently leased to US Bank, the fifth largest bank in the US by assets, under an absolute NNN ground lease with approximately 14.3 years remaining. The lease includes five, five-year options to extend, each with a 15% rent increase; the final two options are at fair market value (FMV), but no less than a 15% increase. This strategically located property enjoys high visibility and traffic counts, being just one block from State Route 78 at Vista Village Drive, experiencing approximately 36,082 cars per day. The asking price is $4,275,356, representing a compelling 4.50% cap rate. At the lease's end, all improvements revert to the landlord. Built in 2005, this bank building offers a secure, long-term investment with significant upside potential due to the lease terms and prime location in the thriving North County San Diego market. The property's address is 245 Vista Village Dr, Vista, CA 92083. This is a rare opportunity to acquire a high-quality, income-producing asset with a strong tenant and a substantial remaining lease term.

Property profile

Verified
Property type Data centers and call centers
Use group RADIO OR TV STATION
Year built 2005
Total area 5,000 SF
Lot 0.84 ac (36,590 SF)
Zoning code COMMERCIAL
APN 164-205-28-00
UPID US09-9668003

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Bank Loan Service
  • Atm
  • Loan Service Bank

Location

245 Vis Vlg Dr Vista, CA 92083-4998
Vista metro Census 19503 SAN DIEGO-CARLSBAD-SAN MARCOS, CA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$670k
CAP Approach CAP
by Request
Comparable Approach Comparable
$693k
Blend (final) Blend
$680k

Owner & transaction history

since 2016
2 recorded transactions
2016
Price N/A
2015
Price N/A

Zoning & alternative use

COMMERCIAL · Vista, CA

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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