harbor view professional center
HARBOR VIEW PROFESSIONAL CENTER 2535 KETTNER BLVD, SAN DIEGO, CA 92101
LIT WI TLE TH ITA HA LY RB LOC OR AT VIE ION WS
OFFICE CONDOS FOR SALE | ±464 - ±1,349 SF AVAILABLE Darren Critchlow Associate 858.458.3301 [email protected] Lic. #01979933
Ryan King Vice President 858.458.3322 [email protected] Lic. #01885401
FOR SALE
HARBOR VIEW PROFESSIONAL CENTER Torrey 2535 KETTNER BLVD, SAN DIEGO, CA 92101
Pines
Sorrento Valley/Mesa 805
Miramar Marine Corps Air Station
52
15 5
163
PROPERTY HIGHLIGHTS
8
La
»» Desirable 34,000 SF office condominium project located in Little Italy
»» Complex consists of 29 individually owned and separately metered condominiums
»» Easy access to I-5, I-163, San Diego Airport, and Little Italy
San Diego International Airport
San Diego
SITE
94
Lem Gro
»» Thick glass windows provide unparalleled floor to ceiling views of Downtown, San Diego Airport, Little Italy, and Coronado
North Island Naval Air Station
»» Recently upgraded elevators and floors
N
»» Reserved and covered parking included along with street parking in front and back of building
Coronado Darren Critchlow, Associate 858.458.3301 | [email protected] | Lic. #01979933
Ryan King, Vice President 858.458.3322 | [email protected] | Lic. #01885401
4747 Executive Drive, Suite 800, San Diego, CA 92121 \ 858.453.0505 \ 858.408.3976 Fax \ Lic #01333376 \ www.voitco.com Licensed as a Real Estate Broker and Salesperson by the CA Bur of Real Estate. The information contained herein has been obtained from sources we deem reliable. While we have no reason to doubt its accuracy, we do not guarantee it. ©2016 Voit Real Estate Services, Inc. All Rights Reserved. Real People. Real Solutions.® is a registered trademark of Voit Real Estate Services.
National City
805
SUITE 3B3 FLOOR PLANS
HARBOR VIEW PROFESSIONAL CENTER 2535 KETTNER BLVD, SAN DIEGO, CA 92101
SUITE FEATURES
WINDOW
± 464 SF OFFICE CONDOMINIUM AVAILABLE • High ceilings (9’) • Smooth, comfortable decor • Private back office with windowline view • Non-exclusive use of east deck • Reserved covered parking
ASKING PRICE: $167,000 ($360/PSF)
Darren Critchlow, Associate 858.458.3301 | [email protected] | Lic. #01979933
Ryan King, Vice President 858.458.3322 | [email protected] | Lic. #01885401
4747 Executive Drive, Suite 800, San Diego, CA 92121 \ 858.453.0505 \ 858.408.3976 Fax \ Lic #01333376 \ www.voitco.com Licensed as a Real Estate Broker and Salesperson by the CA Bur of Real Estate. The information contained herein has been obtained from sources we deem reliable. While we have no reason to doubt its accuracy, we do not guarantee it. ©2016 Voit Real Estate Services, Inc. All Rights Reserved. Real People. Real Solutions.® is a registered trademark of Voit Real Estate Services.
SUITE 3A5 FLOOR PLANS
HARBOR VIEW PROFESSIONAL CENTER 2535 KETTNER BLVD, SAN DIEGO, CA 92101
SUITE FEATURES
ENTRY
± 1,349 SF OFFICE CONDOMINIUM AVAILABLE • Penthouse unit • Private exclusive patio
OFFICE
• Floor to ceiling windo views of San Diego Harbor, Point Loma, Downtown, Coronado, and San Diego International Airport • High ceilings (9’)
RECEPTION
OFFICE HVAC
• Reserved covered parking
ASKING PRICE: $460,000 ($341/PSF)
STORAGE
PRIVATE PATIO
PATIO DOOR
Darren Critchlow, Associate 858.458.3301 | [email protected] | Lic. #01979933
Ryan King, Vice President 858.458.3322 | [email protected] | Lic. #01885401
4747 Executive Drive, Suite 800, San Diego, CA 92121 \ 858.453.0505 \ 858.408.3976 Fax \ Lic #01333376 \ www.voitco.com Licensed as a Real Estate Broker and Salesperson by the CA Bur of Real Estate. The information contained herein has been obtained from sources we deem reliable. While we have no reason to doubt its accuracy, we do not guarantee it. ©2016 Voit Real Estate Services, Inc. All Rights Reserved. Real People. Real Solutions.® is a registered trademark of Voit Real Estate Services.
HARBOR VIEW PROFESSIONAL CENTER
LEASE VS. PURCHASE SUITE 3B3
2535 KETTNER BLVD, SAN DIEGO, CA 92101 PURCHASE
LEASE
Purchase Assumptions
Lease Assumptions
Size (Square Feet)
464
Size (Square Feet)
464
Purchase Price Plus Improvements
$167,000
Lease Rate/SF/Month NNN
$2.50
Monthly Lease
$1,160
Start-Up Costs
Start-Up Costs
10 % Down Payment
$16,700
Total Out of Pocket Costs Monthly Costs
$16,700 Per SF
Prepaid Rent/Security Deposit
$2,320
Improvements
$0
Total Out of Pocket Costs Monthly Costs
$2,320 Per SF
Mortgage Payment
$1.83
$848
Lease Payment
$2.50
$1,160
Operating Expenses/CAM
$0.27
$125
Operating Expense/CAM
$0
$0
Property Taxes
$0.30
$139
Property Taxes
$0
$0
Total Monthly Costs
$1,113
Total Monthly Costs
Monthly Ownership Benefits (Estimated)
Monthly Lease Benefits (Estimated)
Tax Benefits
Tax Benefits
$1,160
Mortgage Interest Deduction (5yr avg)
$220
Mortgage Interest Deduction
N/A
Operating Expense/CAM Deduction
$50
Operating Expense/CAM Deduction
$0
Property Tax Deduction
$56
Property Tax Deduction
$0
Depreciation Deduction
$114
Lease Deduction
$464
Other Benefits
Other Benefits
Rental Income
$0
Rental Income
$0
Avg. Appreciation (1.0%)
$139
Avg. Appreciation
N/A
Total Ownership Benefits
$579
Total Lessee Benefits
$464
Total Effective Monthly Cost:
$534
Total Effective Monthly Cost:
$696
Ownership Analysis Summary Annual Effective Cost Difference
$1,947
Average Annual Principal Pay Down
$3,584
Annual Wealth Creation
$5,531
15 Year Wealth Creation
$82,965
*Terms subject to change. Do not rely on the assumptions used in this analysis; please consult your financial advisor
HARBOR VIEW PROFESSIONAL CENTER
LEASE VS. PURCHASE SUITE 3A5
2535 KETTNER BLVD, SAN DIEGO, CA 92101 PURCHASE
LEASE
Purchase Assumptions
Lease Assumptions
Size (Square Feet)
1,349
Size (Square Feet)
1,349
Purchase Price Plus Improvements
$460,000
Lease Rate/SF/Month Modified Gross
$2.15
Monthly Lease
$2,900
Start-Up Costs
Start-Up Costs
10 % Down Payment
$46,000
Total Out of Pocket Costs Monthly Costs
$46,000 Per SF
Prepaid Rent/Security Deposit
$5,801
Improvements
$0
Total Out of Pocket Costs Monthly Costs
$5,801 Per SF
Mortgage Payment
$1.73
$2,337
Lease Payment
$2.15
$2,900
Operating Expenses/CAM
$0.27
$364
Operating Expense/CAM
$0
$0
Property Taxes
$0.28
$383
Property Taxes
$0
$0
Total Monthly Costs
$3,084
Total Monthly Costs
Monthly Ownership Benefits (Estimated)
Monthly Lease Benefits (Estimated)
Tax Benefits
Tax Benefits
$2,900
Mortgage Interest Deduction (5yr avg)
$606
Mortgage Interest Deduction
N/A
Operating Expense/CAM Deduction
$146
Operating Expense/CAM Deduction
$0
Property Tax Deduction
$153
Property Tax Deduction
$0
Depreciation Deduction
$315
Lease Deduction
$1,160
Other Benefits
Other Benefits
Rental Income
$0
Rental Income
0
Avg. Appreciation (1.0%)
$383
Avg. Appreciation
N/A
Total Ownership Benefits
$1,602
Total Lessee Benefits
$1,160
Total Effective Monthly Cost:
$1,482
Total Effective Monthly Cost:
$1,740
Ownership Analysis Summary Annual Effective Cost Difference
$3,103
Average Annual Principal Pay Down
$9,872
Annual Wealth Creation
$12,974
15 Year Wealth Creation
$194,614
*Terms subject to change. Do not rely on the assumptions used in this analysis; please consult your financial advisor
L I T T L E I TA LY “ “ “
#10 best neighborhood for millennials
1st best neighborhood in san diego
#1 city to start a small business
”
”
”
KETT
SAN DIEGO INTERNATIONAL AIRPORT
SITE
NER RD
LEVA BOU
AY IGHW
IC H
IF PAC
BANKER’S HILL
NORTH SAN DIEGO BAY PACIFIC HIGHWAY
HARBOR VIEW PROFESSIONAL CENTER 2535 KETTNER BLVD, SAN DIEGO, CA 92101
LIT WI TLE TH ITA HA LY RB LOC OR AT VIE ION WS
OFFICE CONDOS FOR SALE | ±464 - ±1,349 SF AVAILABLE Darren Critchlow Associate 858.458.3301 [email protected] Lic. #01979933
Ryan King Vice President 858.458.3322 [email protected] Lic. #01885401
FOR SALE
LIT WI TLE TH ITA HA LY RB LOC OR AT VIE ION WS
OFFICE CONDOS FOR SALE | ±464 - ±1,349 SF AVAILABLE Darren Critchlow Associate 858.458.3301 [email protected] Lic. #01979933
Ryan King Vice President 858.458.3322 [email protected] Lic. #01885401
FOR SALE
HARBOR VIEW PROFESSIONAL CENTER Torrey 2535 KETTNER BLVD, SAN DIEGO, CA 92101
Pines
Sorrento Valley/Mesa 805
Miramar Marine Corps Air Station
52
15 5
163
PROPERTY HIGHLIGHTS
8
La
»» Desirable 34,000 SF office condominium project located in Little Italy
»» Complex consists of 29 individually owned and separately metered condominiums
»» Easy access to I-5, I-163, San Diego Airport, and Little Italy
San Diego International Airport
San Diego
SITE
94
Lem Gro
»» Thick glass windows provide unparalleled floor to ceiling views of Downtown, San Diego Airport, Little Italy, and Coronado
North Island Naval Air Station
»» Recently upgraded elevators and floors
N
»» Reserved and covered parking included along with street parking in front and back of building
Coronado Darren Critchlow, Associate 858.458.3301 | [email protected] | Lic. #01979933
Ryan King, Vice President 858.458.3322 | [email protected] | Lic. #01885401
4747 Executive Drive, Suite 800, San Diego, CA 92121 \ 858.453.0505 \ 858.408.3976 Fax \ Lic #01333376 \ www.voitco.com Licensed as a Real Estate Broker and Salesperson by the CA Bur of Real Estate. The information contained herein has been obtained from sources we deem reliable. While we have no reason to doubt its accuracy, we do not guarantee it. ©2016 Voit Real Estate Services, Inc. All Rights Reserved. Real People. Real Solutions.® is a registered trademark of Voit Real Estate Services.
National City
805
SUITE 3B3 FLOOR PLANS
HARBOR VIEW PROFESSIONAL CENTER 2535 KETTNER BLVD, SAN DIEGO, CA 92101
SUITE FEATURES
WINDOW
± 464 SF OFFICE CONDOMINIUM AVAILABLE • High ceilings (9’) • Smooth, comfortable decor • Private back office with windowline view • Non-exclusive use of east deck • Reserved covered parking
ASKING PRICE: $167,000 ($360/PSF)
Darren Critchlow, Associate 858.458.3301 | [email protected] | Lic. #01979933
Ryan King, Vice President 858.458.3322 | [email protected] | Lic. #01885401
4747 Executive Drive, Suite 800, San Diego, CA 92121 \ 858.453.0505 \ 858.408.3976 Fax \ Lic #01333376 \ www.voitco.com Licensed as a Real Estate Broker and Salesperson by the CA Bur of Real Estate. The information contained herein has been obtained from sources we deem reliable. While we have no reason to doubt its accuracy, we do not guarantee it. ©2016 Voit Real Estate Services, Inc. All Rights Reserved. Real People. Real Solutions.® is a registered trademark of Voit Real Estate Services.
SUITE 3A5 FLOOR PLANS
HARBOR VIEW PROFESSIONAL CENTER 2535 KETTNER BLVD, SAN DIEGO, CA 92101
SUITE FEATURES
ENTRY
± 1,349 SF OFFICE CONDOMINIUM AVAILABLE • Penthouse unit • Private exclusive patio
OFFICE
• Floor to ceiling windo views of San Diego Harbor, Point Loma, Downtown, Coronado, and San Diego International Airport • High ceilings (9’)
RECEPTION
OFFICE HVAC
• Reserved covered parking
ASKING PRICE: $460,000 ($341/PSF)
STORAGE
PRIVATE PATIO
PATIO DOOR
Darren Critchlow, Associate 858.458.3301 | [email protected] | Lic. #01979933
Ryan King, Vice President 858.458.3322 | [email protected] | Lic. #01885401
4747 Executive Drive, Suite 800, San Diego, CA 92121 \ 858.453.0505 \ 858.408.3976 Fax \ Lic #01333376 \ www.voitco.com Licensed as a Real Estate Broker and Salesperson by the CA Bur of Real Estate. The information contained herein has been obtained from sources we deem reliable. While we have no reason to doubt its accuracy, we do not guarantee it. ©2016 Voit Real Estate Services, Inc. All Rights Reserved. Real People. Real Solutions.® is a registered trademark of Voit Real Estate Services.
HARBOR VIEW PROFESSIONAL CENTER
LEASE VS. PURCHASE SUITE 3B3
2535 KETTNER BLVD, SAN DIEGO, CA 92101 PURCHASE
LEASE
Purchase Assumptions
Lease Assumptions
Size (Square Feet)
464
Size (Square Feet)
464
Purchase Price Plus Improvements
$167,000
Lease Rate/SF/Month NNN
$2.50
Monthly Lease
$1,160
Start-Up Costs
Start-Up Costs
10 % Down Payment
$16,700
Total Out of Pocket Costs Monthly Costs
$16,700 Per SF
Prepaid Rent/Security Deposit
$2,320
Improvements
$0
Total Out of Pocket Costs Monthly Costs
$2,320 Per SF
Mortgage Payment
$1.83
$848
Lease Payment
$2.50
$1,160
Operating Expenses/CAM
$0.27
$125
Operating Expense/CAM
$0
$0
Property Taxes
$0.30
$139
Property Taxes
$0
$0
Total Monthly Costs
$1,113
Total Monthly Costs
Monthly Ownership Benefits (Estimated)
Monthly Lease Benefits (Estimated)
Tax Benefits
Tax Benefits
$1,160
Mortgage Interest Deduction (5yr avg)
$220
Mortgage Interest Deduction
N/A
Operating Expense/CAM Deduction
$50
Operating Expense/CAM Deduction
$0
Property Tax Deduction
$56
Property Tax Deduction
$0
Depreciation Deduction
$114
Lease Deduction
$464
Other Benefits
Other Benefits
Rental Income
$0
Rental Income
$0
Avg. Appreciation (1.0%)
$139
Avg. Appreciation
N/A
Total Ownership Benefits
$579
Total Lessee Benefits
$464
Total Effective Monthly Cost:
$534
Total Effective Monthly Cost:
$696
Ownership Analysis Summary Annual Effective Cost Difference
$1,947
Average Annual Principal Pay Down
$3,584
Annual Wealth Creation
$5,531
15 Year Wealth Creation
$82,965
*Terms subject to change. Do not rely on the assumptions used in this analysis; please consult your financial advisor
HARBOR VIEW PROFESSIONAL CENTER
LEASE VS. PURCHASE SUITE 3A5
2535 KETTNER BLVD, SAN DIEGO, CA 92101 PURCHASE
LEASE
Purchase Assumptions
Lease Assumptions
Size (Square Feet)
1,349
Size (Square Feet)
1,349
Purchase Price Plus Improvements
$460,000
Lease Rate/SF/Month Modified Gross
$2.15
Monthly Lease
$2,900
Start-Up Costs
Start-Up Costs
10 % Down Payment
$46,000
Total Out of Pocket Costs Monthly Costs
$46,000 Per SF
Prepaid Rent/Security Deposit
$5,801
Improvements
$0
Total Out of Pocket Costs Monthly Costs
$5,801 Per SF
Mortgage Payment
$1.73
$2,337
Lease Payment
$2.15
$2,900
Operating Expenses/CAM
$0.27
$364
Operating Expense/CAM
$0
$0
Property Taxes
$0.28
$383
Property Taxes
$0
$0
Total Monthly Costs
$3,084
Total Monthly Costs
Monthly Ownership Benefits (Estimated)
Monthly Lease Benefits (Estimated)
Tax Benefits
Tax Benefits
$2,900
Mortgage Interest Deduction (5yr avg)
$606
Mortgage Interest Deduction
N/A
Operating Expense/CAM Deduction
$146
Operating Expense/CAM Deduction
$0
Property Tax Deduction
$153
Property Tax Deduction
$0
Depreciation Deduction
$315
Lease Deduction
$1,160
Other Benefits
Other Benefits
Rental Income
$0
Rental Income
0
Avg. Appreciation (1.0%)
$383
Avg. Appreciation
N/A
Total Ownership Benefits
$1,602
Total Lessee Benefits
$1,160
Total Effective Monthly Cost:
$1,482
Total Effective Monthly Cost:
$1,740
Ownership Analysis Summary Annual Effective Cost Difference
$3,103
Average Annual Principal Pay Down
$9,872
Annual Wealth Creation
$12,974
15 Year Wealth Creation
$194,614
*Terms subject to change. Do not rely on the assumptions used in this analysis; please consult your financial advisor
L I T T L E I TA LY “ “ “
#10 best neighborhood for millennials
1st best neighborhood in san diego
#1 city to start a small business
”
”
”
KETT
SAN DIEGO INTERNATIONAL AIRPORT
SITE
NER RD
LEVA BOU
AY IGHW
IC H
IF PAC
BANKER’S HILL
NORTH SAN DIEGO BAY PACIFIC HIGHWAY
HARBOR VIEW PROFESSIONAL CENTER 2535 KETTNER BLVD, SAN DIEGO, CA 92101
LIT WI TLE TH ITA HA LY RB LOC OR AT VIE ION WS
OFFICE CONDOS FOR SALE | ±464 - ±1,349 SF AVAILABLE Darren Critchlow Associate 858.458.3301 [email protected] Lic. #01979933
Ryan King Vice President 858.458.3322 [email protected] Lic. #01885401
FOR SALE
