State of California Probation & Defenders Offices

765 Third Avenue • Chula Vista, CA



Close of Escrow: 09/17/2012

Market Time: 132 Days

Activity ID: T0100021

Year Built: 1990

Sale Price: $11,400,000

Price per Square Foot: $269.57

CAP Rate: 7.87%

Downpayment: $5,072,000 (44%)

Net Operating Income: $897,221

Rentable Square Feet: 42,290

Lot Size: 1.22 Acres

Lease Type: Absolute Net

Lease Guarantor: Corporate Guarantee

Ownership: Public

Two tenant government office building leased to the State of California and the public defenders office of San Diego County.