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681 Anita St
Chula Vista, CA 91911 Otay Town

$1,450,000 USD

Warehouse Condo For Sale  •  4,680 SF

Property Details

  • Property Type Warehouse
  • Total Building Size 4,680 SF
  • Lot Size 1.91 AC
  • Building Class B
  • Year Built 1983
  • Tenancy Multiple
  • Zoning ILP, Chula Vista
55 Transit Score
71 Walk Score

1 Unit Available

Name Condo Use Size Price Details
1st Floor - Unit 102 Industrial 4,680 SF $1,450,000 USD
  • Unit Size: 4,680 SF
  • Condo Use: Industrial
  • Price: $1,450,000 USD
  • Sale Type: Investment
  • Price/SF: $309.83 USD
Description
Suite 102
± 4,680 SF Industrial Condo
± 320 SF Office
One Grade-Level Roll Up Door
18 Ft Clear Height
6 Dedicated Parking Spaces
Private Restroom

Description 

For Sale – Fully Leased Industrial Condo | $1,599,000 | 4.66% Cap | Chula Vista, CA
Property Overview:
Turnkey, fully leased industrial condo in the heart of Chula Vista’s high-demand commercial corridor. Suite 102 offers a 4,680 SF industrial/flex space within a multi-tenant building, leased on a NNN basis. This low-maintenance asset provides investors with stable cash flow and minimal landlord responsibilities.

Address:
681 Anita St, Suite 102
Chula Vista, CA 91911

Asking Price:
$1,599,000

Cap Rate:
4.66%

Gross Scheduled Income:
$92,352/Year

Net Operating Income (NOI):
$74,616/Year (NNN Lease)

Property Highlights:
Size: 4,680 SF Industrial Condo

Clear Height: 18 FT

Roll-Up Door: 1 Grade-Level

Power: 300 Amps, 3-Phase

Parking: Reserved Spaces, Gated

Sprinklers: Wet System

Year Built/Renovated: 1983 / 2005

Zoning: ILP – Industrial Limited Precise Plan

Tenant: Fully leased with stable long-term occupancy

Lease Type: NNN

Monthly Base Rent: $6,218

NNN Reimbursement: $1,478/Month

Strategic Location:
Just 6 miles from the US-Mexico Border

10 miles from Downtown San Diego

Easy access to I-5, SR-54, and I-805

14-minute walk to Palomar Street Trolley Station

Surrounded by national and regional logistics, service, and light manufacturing companies

Demographics & Demand Drivers:
Population within 5 Miles: 315,961

Average Household Income (5 Mile): $93,337

Annual Consumer Spending (5 Mile): $3.3 Billion+

Located in a business-friendly, high-demand industrial zone

Investor Opportunity:
Perfect for 1031 Exchange buyers, portfolio investors, and anyone seeking a hands-off, cash-flowing industrial property in a supply-constrained submarket with excellent logistics and future appreciation potential.

Contact us today for the full OM, rent roll, and to schedule a private showing.

Highlights

Fully Leased with NNN Lease – Stable tenant with zero landlord responsibility for operating expenses, delivering true passive income.
Strong Cap Rate at 4.66% – Attractive return for a fully stabilized, low-maintenance industrial asset in Southern California.
Excellent Location – Just 6 miles from the US-Mexico border and 10 miles from Downtown San Diego, offering strategic access for logistics.
Functional Industrial Design – 4,680 SF with 18’ clear height, grade-level roll-up door, 300 amp 3-phase power, private restroom, and gated parking.
Demographic Advantage – Located in a trade area with 315,000+ population and over $3.3B in annual consumer spending within 5 miles.
Gated Access & Reserved Parking – Added security and convenience for tenant operations.

Amenities

  • 24 Hour Access
  • Front Loading
  • Signage
  • Air Conditioning

Public Transportation

Transit/SubwayDriveWalkDistance
Palomar Street (Blue Line - San Diego Metropolitan Transit System Trolley (San Diego Trolley)) 3 min 14 min 0.7 mi
AirportDriveWalkDistance
San Diego International 19 min - 13.7 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 6
Type: Surface
Included in Rent: Yes
Crystal Lee 858-210-8282 American Real Estate Group
Crystal Lee 858-210-8282 American Real Estate Group