100 1st St - Central Valley Cable Tv 1,504 SF Specialty Building Offered at $366,363 CAD at a 8.51% Cap Rate in Coalinga, CA 93210

Property Description
100% Leased Investment Opportunity: Prime location offering ±1,504 SF of office space on ±0.264 acres in Coalinga, California. The property sits comfortably in the heart of Coalinga, and is right off of CA 198 providing easy accessibility. The building includes an open reception space, a warehouse storage area, two private bathrooms, an fenced outdoor storage area, and open dirt lot area. The tenant has been at this location since 2016, and is signed on through September of 2031.
Tenant Info: CalNeva Broadband provides households and businesses in rural areas with easy access to internet. They provide services in areas like Huron, Sea Ranch, Gualala, and Coalinga. They also offer a variety of Digital Phone Service packages that include local and long distance, conference calling, voice messaging, and caller ID.
Location Description
Visible location on 1st Street and East Forest Ave right off of CA 198. Leased office on a large, open lot. Centrally located around a number of national high quality tenants including Taco Bell, KFC, McDonalds, Subway, Save Mart, O'Reilly Auto Parts, Starbucks, Little Caesars Pizza, Tractor Supply Co., Burger King, and Big 5 Sporting Goods.
Coalinga is a city in the Pleasant Valley in Fresno County and the western San Joaquin Valley, in central California about 80 miles (128 km) southeast of Salinas. It was formerly known as Coaling Station A, Coalingo, and Coalinga Station. The population was 17,590 as of the 2020 census, up from 13,380 at the 2010 census. It is the site of both Pleasant Valley State Prison and Coalinga State Hospital.