Listed by Tartaglia Realty
$3,400,000
102 South Vine Street
Details
APN 009-821-024
Property Type Office
Sub Type Traditional Office
Square Footage 8,483
Units 1
Cap Rate 6.00%
Occupancy 100%
Tenancy Single
Lease Type NNN
Price per SqFt $400
Class B
Year Built 2004
Buildings 1
Acreage 0.710
Zoning Office Professional
Parking Spaces 34 spaces
Parking per 1,000 SqFt 4.01
Investment Type Net Lease
Office | 6.00% CAP | 8,483 SqFt
Marketing description
Set within the highly sought after and well established professional Gateway Center alongside medical, dental, real estate, and title insurance firms, ensuring high, consistent daily traffic. Purpose-built in 2004, this stable asset features a reliable triple-net (NNN) structure, making it a true turnkey investment for buyers seeking immediate, low-management cash flow with high-profile visibility.
Investment highlights
- Recent CapEx Upgrades: New roof and high-efficiency solar panels fully installed in 2019
- NNN Structure: True hands-off, low-management investment with immediate, stable cash flow.
- 100% Fully Occupied: Turnkey, income-producing asset with an active corporate tenant base in place.
- Elite Highway Visibility: Unmatched regional exposure positioned directly off the primary Highway 101 corridor.
- Synergistic Business Park: Located within the Gateway Center, an established medical and professional office campus.
- Abundant On-Site Parking: Dual building entrances paired with ample campus parking to easily accommodate staff and clients
Listing Contacts
Listed by Tartaglia Realty
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