625 NUTMEG ROAD
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Location
625 NUTMEG ROAD
Mblu
85/ 24/ / /
Acct#
65100625
Owner
SPIRIT MASTER FUNDING X LLC
Assessed Value
$4,331,700
Appraisal
$6,188,200
PID
4200
Building Count
1
Current Value
Appraisal
Valuation YearImprovementsLandTotal
2025$5,272,200$916,000$6,188,200
Assessment
Valuation YearImprovementsLandTotal
2025$3,690,500$641,200$4,331,700

Owner of Record
OwnerSPIRIT MASTER FUNDING X LLC
Co-OwnerSPIRIT REALTY CAPITAL
Address11955 EL CAMINO REAL
SAN DIEGO, CA 92130
Sale Price$8,755,000
Certificate
Book & Page 2462/0064
Sale Date05/19/2015
Instrument21

Ownership History
Ownership History
OwnerSale PriceCertificateBook & PageInstrumentSale Date
SPIRIT MASTER FUNDING X LLC$8,755,000 2462/00642105/19/2015
625 NUTMEG ROAD LLC$3,400,000 1704/00620004/11/2005
J P MONARCH INC % US FOODSERVICE$2,356,142 0561/03510006/26/1989

Building Information
Building 1 : Section 1
Year Built: 1982
Living Area: 110,567
Replacement Cost: $5,706,134
Building Percent Good: 76
Replacement Cost
Less Depreciation:
$4,336,700
Building Attributes
FieldDescription
Style:Warehouse
ModelInd/Comm
GradeC+
Stories:1.00
Occupancy1.00
Exterior Wall 1Pre-finsh Metl
Exterior Wall 2 
Roof StructureFlat
Roof CoverMetal
Interior Wall 1Minimum
Interior Wall 2Drywall
Interior Floor 1Comp Tile
Interior Floor 2 
Heating FuelOil
Heating TypeHot Air-no Duc
% Central Air8
FoundationPoured Conc
Bldg UseIndustrial
Total Rooms0
Total Bedrms0
Total Fixtures20
% Wet Sprinkler100
% Dry Sprinkler 
1st Floor Use 
Heat/ACHEAT/AC SPLIT
Frame TypeSTEEL
Baths/PlumbingAVERAGE
% Finished8
ClassS
Wall Height24.00
Building Photo Building Photo
Building Layout Building Layout
Building Sub-Areas (sq ft)
CodeDescriptionGross
Area		Living
Area
BASFirst Floor 110,567 110,567
PTCConcrete Patio 12,880 0
   123,447 110,567

Extra Features
Extra Features
CodeDescriptionSizeValueBldg #
ELV1Elevator Pass2.00 STOPS$33,4001
MEZ2Finished10200.00 S.F.$93,0001
SPR1Sprinklers-Wet110567.00 S.F.$67,2001
CLR1Cooler8500.00 S.F.$129,2001
CLR2Freezer Temps26500.00 S.F.$563,9001

Land
Land Use
Use Code301
DescriptionIndustrial  
ZoneI
NeighborhoodC400
Alt Land ApprNo
Category
Land Line Valuation
Size (Acres)15.5
Frontage0
Depth0
Total Market Land$641,200
Appraised Value$916,000

Outbuildings
Outbuildings
CodeDescriptionSub CodeSub DescriptionSizeValueBldg #
PAV1PavingASAsphalt60000.00 S.F.$45,0001
LT4W/Four Lights  4.00 UNITS$3,8001
Valuation History
Appraisal
Valuation YearImprovementsLandTotal
2025$5,272,200$916,000$6,188,200
2024$5,272,200$916,000$6,188,200
2023$5,272,200$916,000$6,188,200

Assessment
Valuation YearImprovementsLandTotal
2025$3,690,500$641,200$4,331,700
2024$3,690,500$641,200$4,331,700
2023$3,690,500$641,200$4,331,700

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