610 W. Ash Street, Ste. 1503, San Diego, CA 92101 Tel 619.239.1788 Fax 619.819.9919 www.theheritagegroup.com CLASS A OWNER/USER OFFICE BUILDING FOR SALE – GROSSMONT SUMMIT 1380 EL CAJON BOULEVARD Kyle Clark - Senior Director [email protected] 619.577.4558 BRE # 00367784 Dan McCarthy - Senior Director [email protected] 619.577.4557 BRE # 00928868 ** The information set forth herein has been received by us from sources we believe to be reliable, but we have made no independent investigation of the accuracy or completeness of the information and make no representation with respect thereto. The above is submitted subject to errors, prior sale or lease, change in status or withdrawal without notice. 610 W. Ash Street, Ste. 1503, San Diego, CA 92101 Tel 619.239.1788 Fax 619.819.9919 www.theheritagegroup.com CLASS A OFFICE BUILDING FOR SALE – GROSSMONT SUMMIT Highlights  Rare owner/user opportunity in a Class A office building  Strategically located at the Grossmont Summit; Part of the exclusive Mount Helix neighborhood SITE  Direct Access to Interstate 8 & Highway 125  Freeway visibility  Elegant Craftsman style architecture OFFERING SPECIFICATIONS SALE PRICE $4,950,000 TOTAL SQUARE FEET 16,108 RSF TOTAL AVAILABLE 4,133 RSF PARKING 5:1000 parking ratio APN 487-770-07-00 LAND SIZE  Luxury finishes featuring operable Bavarian handmade windows and casings, granite and hardwood floors, mahogany doors and wainscoting, custom lighting and electrical fixtures  Accommodates Office and Medical uses  Reserved, secured subterranean parking  Elevator served 1.03 Acres NOI $320,565  Vaulted ceilings and expansive common areas CAP RATE 6.5%  Subterranean & above ground parking: 5/1000 For More Information Kyle Clark BRE #00367784 619.577.4558 [email protected] Dan McCarthy BRE # 00928868 The Heritage Group is a full-service commercial real estate management and investment advisory firm. For more information, go to www.theheritagegroup.com. 619.577.4557 [email protected] 610 W. Ash Street, Ste. 1503, San Diego, CA 92101 www.theheritagegroup.com Tel 619.239.1788 Fax 619.819.9919 CLASS A OFFICE BUILDING FOR SALE – GROSSMONT SUMMIT • 1.5 Miles to Sharp Grossmont Hospital • 1.2 Miles to Kaiser Permanente El Cajon • 2.8 Miles to Kaiser Permanente La Mesa 1380 EL CAJON BLVD. TRAFFIC COUNTS EL CAJON BLVD. & INTERSTATE 8 202,000 CARS/DAY 45,100 CARS/DAY EL CAJON BLVD. & CHASE AVE. 6,500 CARS/DAY EL CAJON BLVD. & MURRAY DR. For More Information Kyle Clark BRE #00367784 619.577.4558 [email protected] Dan McCarthy BRE # 00928868 619.577.4557 [email protected] 610 W. Ash Street, Ste. 1503, San Diego, CA 92101 www.theheritagegroup.com Tel 619.239.1788 Fax 619.819.9919 CLASS A OFFICE BUILDING FOR SALE – GROSSMONT SUMMIT FINANCIAL ANALYSIS UNIT # TENANT SF LEASE EXP. RENT/SF 100/201 208 212 220 Sharp Rees Steely Cabrera & Associates Lord & Gladden Available for owner-user 8,674 1,505 1,796 2,282 11/31/2016 12/31/2018 4/30/2018 $2.73 $1.00 $1.95 $2.00 214 Available for owner-user TOTAL ANNUAL INCOME 1,851 $2.00 RENTAL RATE $23,655 $1,505 $3,502 $4,564 $3,702 $443,136 LESS: 5% Vacancy factor PROPERTY EXPENSES Taxes – Property Insurance – F & L Utilities – Electric Utilities – Water Services – Trash Services – Gardner Fire Sprinkler Elevator Janitor Window Cleaning HVAC TOTAL ANNUAL EXPENSES LESS: Total Annual Expenses Net Operating Income $(22,157) $50,400 $4,375 $8,124 $1,410 $1,966 $3,900 $2,215 $2,373 $19,711 $3,640 $1,800 $100,414 DEMOGRAPHICS Household Income Population 1 Mile $81,478 12,170 3 Mile $68,583 161,241 5 Mile $70,462 385,857 $(100,414) $320,565 Cap Rate: 6.5% The Heritage Group is a full-service commercial real estate management and investment advisory firm. For more information, go to www.theheritagegroup.com. 610 W. Ash Street, Ste. 1503, San Diego, CA 92101 www.theheritagegroup.com Tel 619.239.1788 Fax 619.819.9919 CLASS A OFFICE BUILDING FOR SALE – GROSSMONT SUMMIT 1380 EL CAJON BLVD., EL CAJON, CA 92020 FIRST FLOOR PLAN – SPACE LEASED TO SHARP CENTER FOR HEALTH PROMOTION For More Information Kyle Clark BRE #00367784 619.577.4558 [email protected] Dan McCarthy BRE # 00928868 619.577.4557 [email protected] The Heritage Group is a full-service commercial real estate management and investment advisory firm. For more information, go to www.theheritagegroup.com. 610 W. Ash Street, Ste. 1503, San Diego, CA 92101 www.theheritagegroup.com Tel 619.239.1788 Fax 619.819.9919 CLASS A OFFICE BUILDING FOR SALE – GROSSMONT SUMMIT 1380 EL CAJON BLVD., EL CAJON, CA 92020 AVAILABLE SPACE STE 214 ±1,851 RSF $2.00 + Electricity STE 220 ±2,166 RSF – $2.25 + Electricity Leased to Lord & Gladden Wealth Management Suite 214 1,851 RSF Suite 220 Leased to Cabrera and Associates CURRENT TENANTS STE 100/201 Sharp Rees Steely ±8,674 SF STE 208 Cabrera and Associates ±1,522 SF STE 212 2,282 RSF Leased to Sharp Rees Steely Lord & Gladden ±1,522 SF For More Information Kyle Clark BRE #00367784 619.577.4558 [email protected] Dan McCarthy BRE # 00928868 619.577.4557 [email protected] The Heritage Group is a full-service commercial real estate management and investment advisory firm. For more information, go to www.theheritagegroup.com. 610 W. Ash Street, Ste. 1503, San Diego, CA 92101 www.theheritagegroup.com Tel 619.239.1788 Fax 619.819.9919 SUITE 220 FLOOR PLAN & IMAGES LEASED For More Information Kyle Clark BRE #00367784 619.577.4558 [email protected] Dan McCarthy BRE # 00928868 619.577.4557 [email protected] The Heritage Group is a full-service commercial real estate management and investment advisory firm. For more information, go to www.theheritagegroup.com.