8090 parkway drive...8090 parkway drive la mesa, ca 91942 jeff brown 858.369.3016...

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kiddermathews.com A 100% Leased 5,370 SF Medical Office Building with Great Visibility and Quick Access to I-8 FOR SALE La Mesa, CA 91942 8090 Parkway Drive Jeff Brown 858.369.3016 [email protected] LIC #01496665 CURRENT CAP 5.01%

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Page 1: 8090 Parkway Drive...8090 Parkway Drive La Mesa, CA 91942 Jeff Brown 858.369.3016 jbrown@kiddermathews.com LIC #01496665 CURRENT CAP 5.01% This information supplied herein is from

kiddermathews.com

A 100% Leased 5,370 SF Medical Office Building with Great Visibility and Quick Access to I-8

FOR SALE

La Mesa, CA 91942 8090 Parkway Drive

Jeff Brown858.369.3016 [email protected] #01496665

CURRENT CAP

5.01%

Page 2: 8090 Parkway Drive...8090 Parkway Drive La Mesa, CA 91942 Jeff Brown 858.369.3016 jbrown@kiddermathews.com LIC #01496665 CURRENT CAP 5.01% This information supplied herein is from

This information supplied herein is from sources we deem reliable. It is provided without any representation, warranty or guarantee, expressed or implied as to its accuracy. Prospective Buyer or Tenant should conduct an independent investigation and verification of all matters deemed to be material, including, but not limited to, statements of income and expenses. Consult your attorney, accountant, or other professional advisor.

kiddermathews.com

La Mesa, CA 91942 8090 Parkway Drive

Jeff Brown858.369.3016 [email protected] #01496665

Features

AVAILABLE 5,370 SF on 0.39 AC of land

LOCATION Located across from Fletcher Parkway and directly next to Kaiser Permanente’s 491,357 SF, 12 acre campus in La Mesa

AMENITIES - Restaurants within walking distance - Elevator served 2nd floor

PARKING RATIO 4/1,000 SF

ASKING PRICE $2,130,000

Tenant

CURRENT MONTHLY RENT

$11,400

ANNUAL INCREASES

3%

LEASE EXPIRATION

9/20/20

LEASE OPTIONS

None

8090 PARKWAY DRIVE

Spring S

t

El Cajon Blvd

Fletch

er P

kwy

Page 3: 8090 Parkway Drive...8090 Parkway Drive La Mesa, CA 91942 Jeff Brown 858.369.3016 jbrown@kiddermathews.com LIC #01496665 CURRENT CAP 5.01% This information supplied herein is from

This information supplied herein is from sources we deem reliable. It is provided without any representation, warranty or guarantee, expressed or implied as to its accuracy. Prospective Buyer or Tenant should conduct an independent investigation and verification of all matters deemed to be material, including, but not limited to, statements of income and expenses. Consult your attorney, accountant, or other professional advisor.

kiddermathews.com

La Mesa, CA 91942 8090 Parkway Drive

Jeff Brown858.369.3016 [email protected] #01496665

8090 PARKWAY DRIVE

KAISER PERMANENTE

Fletcher Pkwy

Parkway DrM

aren

go

Ave

Investment Details

YEAR 1 INCOME $/YEAR

Gross Rental Income $136,805

Expense Reimbursement (0%) $0

Total Income $136,805

Effective Gross Income $136,805

OPERATING EXPENSES

Taxes (Adjusted for Sale) $23,963

Trash $2,244

Water $660

Property Insurance $720

Maintenance $2,400

Total Expenses $29,987

Net Operating Income (NOI) $106,819

YEAR 1 CAP

5.01%

YEAR 2 CAP

5.17%