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$6,500,000
Est. payment /mo
UPDATED:
Key Details
Property Type Commercial
Sub Type Com-Lnd/Rn/Grv
Listing Status Active
Purchase Type For Sale
MLS Listing ID 240028218
HOA Fees $8,122,633
HOA Y/N Yes
Acres 0.89
Lot Dimensions 199 x 127
Property Sub-Type Com-Lnd/Rn/Grv
Property Description
** SIGNIFICANT PRICE REDUCTION &HIGHLY MOTIVATED SELLER** I am excided to present a fantastic investment opportunity for a Investor or/and a Developer at 5560 Kearny Mesa Road. This property is located in the heart of Clairmont Re-Development Corridor. Property is currently under a substantial Triple Net lease contract with a High Brand Tenant offering a Cap of 9% return on Investment. This property is located near the newly Multi Residential Development. Suitable for Senior Assisted Living Development or Multi Residential projects
Location
State CA
County San Diego
Area Linda Vista (92111)
Building
Lot Size Range .75 through 1.5 Acres
Others
Monthly Total Fees $1
Virtual Tour https://www.propertypanorama.com/instaview/snd/240028218
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Listed by Siamak T Rahmani • Siamak T. Rahmani, Broker