Equity: $730,000
DESCRIPTION: Exceptionally well designed building in good North Park location. Has all the amenities a corporate home could want. Four large executive suites, two with showers, one with conversation pit, fireplace and bar. 7 restrooms, 30 offices, two kitchen and dining areas. Reception area, very classy building. Gated security parking for 18 cars plus ample street parking. Could be home base to any number of organizations or a single company with room to expand. Available to lease, sell or exchange. Currently month to month rentals at $1.25 sq. ft. NNN
LOAN: $590,000 payable monthly at 6% interest through 9-29-01 then @ 8.5% all due 9-29-02.
REMARKS: Owner really does not want
responsibility of looking after this any more, have other interests. The
building has recently been upgraded. Built in 1969 remodeled and enlarged
in 1980. Wishes to exchange to larger office, industrial or commercial
property in San Diego county.
CONTACT:
George Jonilonis, SEC, EMS
3536 Ashford St.
San Diego, Ca. 92111
(858) 278-4040 FAX (858) 278-7571
CELLULAR (619) 246-4040
e-mail georgej@adnc.com