777 Energy Way Chula Vista, CA 91911-6119
- Warehouses
- 1.95 lot acres
Current Use by Public Records
- Honda plus / Used Auto Parts Store
- Fedex Kinkos / Shipping And Mailing Service
- turbo team auto wrecking / Auto Wrecker
- Advance Auto Wrecking / Auto Wrecker / Auto Parts Store
- Asiankars / Auto Parts Store
Property Details for 777 Energy Way
- Lot size
- 1.95 lot acres
- Zone code
- INDUSTRIAL (M ZONE)
- Property type
- Warehouses
- APN
- 644-181-23-00
- APU
- 6441812300
Description
This established junk and salvage yard, located at 777 Energy Way, Chula Vista, CA 91911, presents a lucrative investment opportunity. The 92,000 square foot facility sits on a 92,000 square foot lot and includes two buildings, totaling 92,000 square feet, on a single story. Built 10 years ago, the property boasts a 100% occupancy rate since July 1, 2015, generating a Net Operating Income (NOI) of $135,000, representing a 13.50% cap rate. The asking price is $1,000,000, or $10.87 per square foot. The property is zoned for junk yard use and operates under a triple net (NNN) lease with a ground lease expiring July 31, 2025. The business includes approximately $5-6 million worth of inventory, six employees, and a comprehensive computer system for inventory management. The property's strategic location near major transportation routes and industrial areas ensures efficient operations. This turn-key operation offers immediate revenue generation and significant growth potential through expanded online sales and strategic partnerships. The sale includes all existing inventory, tools, and equipment. This is a rare opportunity to acquire a profitable, established business in the thriving auto parts and recycling industry.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Chula Vista
- County
- San Diego
- State
- California
- Longitude
- -117.015
- Latitude
- 32.5982
- CBSA code
- 41740
- CBSA name
- SAN DIEGO-CARLSBAD-SAN MARCOS, CA METROPOLITAN STATISTICAL AREA
