9690 Black Mountain Rd San Diego, CA 92126

Property Details for 9690 Black Mountain Rd

Year built

1999

Lot size

1.10 lot acres

Property size

3,100 SF

Zone code

INDUSTRIAL (M ZONE)

Property type

Auto shops

APN

341-330-15-00

APU

3413301500

Description

This exceptional investment opportunity presents a 3,100 square foot warehouse building situated on a 1.1-acre lot in San Diego, California, at 9690-9694 Black Mountain Road, zip code 92126. The property boasts a compelling net lease structure, offering a strong 6.5% cap rate with a lease extending through February 1, 2029. The warehouse features 18-foot ceilings, providing ample vertical space, and a flexible design incorporating approximately 30% office space and 70% warehouse space. Three truck doors are included, two of which offer drive-thru functionality, enhancing operational efficiency. The property also benefits from fleet-fueling capacity and abundant power, catering to diverse operational needs. The flexible zoning allows for adaptability to various business requirements. Convenient ingress and egress are facilitated by access from two streets, and the property's location at a high-traffic, signalized intersection ensures excellent visibility and accessibility. The asking price is $4,865,000, translating to $1,569.35 per square foot. This is a truly unique opportunity to acquire a well-positioned, income-producing industrial asset in a desirable San Diego location.